<SEC-DOCUMENT>0000950170-25-041766.txt : 20250319
<SEC-HEADER>0000950170-25-041766.hdr.sgml : 20250319
<ACCEPTANCE-DATETIME>20250319093009
ACCESSION NUMBER:		0000950170-25-041766
CONFORMED SUBMISSION TYPE:	8-K/A
PUBLIC DOCUMENT COUNT:		12
CONFORMED PERIOD OF REPORT:	20250224
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20250319
DATE AS OF CHANGE:		20250319

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TREX CO INC
		CENTRAL INDEX KEY:			0001069878
		STANDARD INDUSTRIAL CLASSIFICATION:	LUMBER & WOOD PRODUCTS (NO FURNITURE) [2400]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				541910453
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14649
		FILM NUMBER:		25751030

	BUSINESS ADDRESS:	
		STREET 1:		2500 TREX WAY
		CITY:			WINCHESTER
		STATE:			VA
		ZIP:			22601
		BUSINESS PHONE:		5405426300

	MAIL ADDRESS:	
		STREET 1:		2500 TREX WAY
		CITY:			WINCHESTER
		STATE:			VA
		ZIP:			22601
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K/A
<SEQUENCE>1
<FILENAME>trex-20250224.htm
<DESCRIPTION>8-K/A
<TEXT>
<XBRL>
<?xml version='1.0' encoding='ASCII'?>
<!-- DFIN New ActiveDisclosure (SM) Inline XBRL Document - http://www.dfinsolutions.com/ -->
<!-- Creation Date :2025-03-18T10:14:20.1388+00:00 -->
<!-- Copyright (c) 2025 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:nonNumeric="http://www.xbrl.org/dtr/type/non-numeric" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:dei="http://xbrl.sec.gov/dei/2024" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2022-02-16" xmlns:trex="http://www.trex.com/20250224">
 <head>
  <title>8-K/A</title>
  <meta http-equiv="Content-Type" content="text/html"/>
 </head>
 <body style="padding:8px;margin:auto!important;">
  <div style="display:none;"><ix:header><ix:hidden><ix:nonNumeric id="F_7cf1cb11-a5ed-4b3c-8f71-f1eb98ad9e09" name="dei:AmendmentFlag" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912">true</ix:nonNumeric><ix:nonNumeric id="F_6b63d398-b248-4c42-90da-f67bc719c6a0" name="dei:EntityCentralIndexKey" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912">0001069878</ix:nonNumeric></ix:hidden><ix:references><link:schemaRef xlink:type="simple" xlink:href="trex-20250224.xsd"/></ix:references><ix:resources><xbrli:context id="C_f0629f08-60f7-4416-9e4d-883a484d5912"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001069878</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2025-02-24</xbrli:startDate><xbrli:endDate>2025-02-24</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:0.5in;width:7.5in;box-sizing:content-box;margin-right:auto;padding-right:0.5in;"><div style="z-index:-3;min-height:0.5in;position:relative;"></div><p style="border-top:2.25pt double #000000;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:5.75pt;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:18pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">UNITED STATES<br/>SECURITIES AND EXCHANGE COMMISSION<br/></span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">WASHINGTON, D.C. 20549</span></p><p style="margin-left:40%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;border-bottom:0.75pt solid #000000;margin-right:40%;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:18pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">FORM </span><span style="font-size:18pt;font-family:Times New Roman;"><ix:nonNumeric id="F_7866522c-6d29-44a4-a626-c31ce49c22d5" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:DocumentType"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:18pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">8-K/A</span></ix:nonNumeric></span></p><p style="margin-left:40%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;border-bottom:0.75pt solid #000000;margin-right:40%;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">CURRENT REPORT</span></p><p style="font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:6pt;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</span></p>
   <table style="border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;">
    <tr style="visibility:collapse;">
     <td style="width:100%;box-sizing:content-box;"/>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;margin-right:0.02986111111111111in;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Date of Report (Date of earliest event reported): </span><span><ix:nonNumeric id="F_ca3c7dae-2246-48e7-826e-d901cebb4b8b" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:DocumentPeriodEndDate" format="ixt:date-monthname-day-year-en"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">February 24, 2025</span></ix:nonNumeric></span></p></td>
    </tr>
   </table><p style="margin-left:40%;font-size:10pt;margin-top:5pt;font-family:Times New Roman;margin-bottom:0;border-bottom:0.75pt solid #000000;margin-right:40%;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:5pt;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:24pt;font-family:Times New Roman;"><ix:nonNumeric id="F_41bc53be-0f52-4c51-bcdb-e72942625f7c" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:EntityRegistrantName"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:24pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Trex Company Inc</span></ix:nonNumeric></span></p><p style="font-size:10pt;margin-top:3pt;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:7.5pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">(Exact name of Registrant as Specified in Its Charter)</span></p><p style="margin-left:40%;font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;border-bottom:0.75pt solid #000000;margin-right:40%;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p>
   <table style="border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;">
    <tr style="visibility:collapse;">
     <td style="width:20%;box-sizing:content-box;"/>
     <td style="width:1%;box-sizing:content-box;"/>
     <td style="width:20%;box-sizing:content-box;"/>
     <td style="width:18%;box-sizing:content-box;"/>
     <td style="width:41%;box-sizing:content-box;"/>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td colspan="3" style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_d00c6bc1-677a-42e5-8c29-27ca7a334bee" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:EntityIncorporationStateCountryCode" format="ixt-sec:stateprovnameen"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Delaware</span></ix:nonNumeric></span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_43580fb7-1bd8-4dc4-9b7a-76d27404e47a" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:EntityFileNumber"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">001-14649</span></ix:nonNumeric></span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_6095baae-bfa5-493b-b4a4-a259c504f7ba" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:EntityTaxIdentificationNumber"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">54-1910453</span></ix:nonNumeric></span></p></td>
    </tr>
    <tr style="height:7pt;white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td colspan="3" style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">(State or Other Jurisdiction<br/>of Incorporation)</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">(Commission File Number)</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">(IRS Employer<br/>Identification No.)</span></p></td>
    </tr>
    <tr style="white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td colspan="3" style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_f527ffcf-a56f-4d00-afb0-e44fd26aa19d" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:EntityAddressAddressLine1"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">2500 Trex Way</span></ix:nonNumeric></span></p></td>
     <td colspan="2" style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td colspan="3" style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_6f8d83eb-f35b-4b3f-90f2-b9aaec895cc7" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:EntityAddressCityOrTown"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Winchester</span></ix:nonNumeric></span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">, </span><span><ix:nonNumeric id="F_d20a63b1-455d-4df2-a171-d35219c5579a" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:EntityAddressStateOrProvince" format="ixt-sec:stateprovnameen"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Virginia</span></ix:nonNumeric></span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:bottom;padding-bottom:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_9d74d4b8-e73e-4001-8cf4-b587d7fa6444" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:EntityAddressPostalZipCode"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">22601</span></ix:nonNumeric></span></p></td>
    </tr>
    <tr style="height:7pt;white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td colspan="3" style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">(Address of Principal Executive Offices)</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">(Zip Code)</span></p></td>
    </tr>
   </table><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p>
   <table style="border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;">
    <tr style="visibility:collapse;">
     <td style="width:100%;box-sizing:content-box;"/>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td style="padding-top:0.125in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;margin-right:0.02986111111111111in;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Registrant&#8217;s Telephone Number, Including Area Code:</span><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;"> </span><span><ix:nonNumeric id="F_54fdd898-330b-4428-a57a-ac533cd20caa" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:CityAreaCode"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">540</span></ix:nonNumeric></span><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;"> </span><span><ix:nonNumeric id="F_9b8da216-5c16-4568-94bf-8f85a3c2b8c7" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:LocalPhoneNumber"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">542-6300 </span></ix:nonNumeric></span><span></span></p></td>
    </tr>
   </table><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p>
   <table style="border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;">
    <tr style="visibility:collapse;">
     <td style="width:100%;box-sizing:content-box;"/>
    </tr>
    <tr style="white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td style="padding-top:0.125in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
    </tr>
   </table><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:7.5pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">(Former Name or Former Address, if Changed Since Last Report)</span></p><p style="margin-left:40%;font-size:10pt;margin-top:9.35pt;font-family:Times New Roman;margin-bottom:0;border-bottom:0.75pt solid #000000;margin-right:40%;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:9.35pt;font-family:Times New Roman;margin-bottom:6pt;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"> </span></p><div style="text-indent:-24.5pt;padding-left:24.5pt;margin-top:9pt;margin-bottom:0;text-align:left;"><span style="margin-right:1em;margin-right:1em;"><span style="font-size:10pt;font-family:Times New Roman;"><ix:nonNumeric id="F_d9266aa1-2150-4d17-b2fa-b070e559e388" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:WrittenCommunications" format="ixt-sec:boolballotbox"><span style="font-size:10pt;font-family:Times New Roman;">&#9744;</span></ix:nonNumeric></span></span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></div><div style="text-indent:-24.5pt;padding-left:24.5pt;margin-top:6pt;margin-bottom:0;text-align:left;"><span style="margin-right:1em;margin-right:1em;"><span style="font-size:10pt;font-family:Times New Roman;"><ix:nonNumeric id="F_13bd407c-faee-4346-af93-769c1dad6a9c" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:SolicitingMaterial" format="ixt-sec:boolballotbox"><span style="font-size:10pt;font-family:Times New Roman;">&#9744;</span></ix:nonNumeric></span></span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></div><div style="text-indent:-24.5pt;padding-left:24.5pt;margin-top:6pt;margin-bottom:0;text-align:left;"><span style="margin-right:1em;margin-right:1em;"><span style="font-size:10pt;font-family:Times New Roman;"><ix:nonNumeric id="F_1f9c1af1-0e35-472e-99b3-94b1d1fa7c1e" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:PreCommencementTenderOffer" format="ixt-sec:boolballotbox"><span style="font-size:10pt;font-family:Times New Roman;">&#9744;</span></ix:nonNumeric></span></span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></div><div style="text-indent:-24.5pt;padding-left:24.5pt;margin-top:6pt;margin-bottom:0;text-align:left;"><span style="margin-right:1em;margin-right:1em;"><span style="font-size:10pt;font-family:Times New Roman;"><ix:nonNumeric id="F_a7618386-a333-4d6f-b017-00b4123e6016" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:PreCommencementIssuerTenderOffer" format="ixt-sec:boolballotbox"><span style="font-size:10pt;font-family:Times New Roman;">&#9744;</span></ix:nonNumeric></span></span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></div><p style="font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:9pt;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Securities registered pursuant to Section 12(b) of the Act:</span></p>
   <table style="border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;">
    <tr style="visibility:collapse;">
     <td style="width:38%;box-sizing:content-box;"/>
     <td style="width:1%;box-sizing:content-box;"/>
     <td style="width:15%;box-sizing:content-box;"/>
     <td style="width:1%;box-sizing:content-box;"/>
     <td style="width:45%;box-sizing:content-box;"/>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;border-bottom:0.25pt solid;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;"><br/>Title of each class</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;border-bottom:0.25pt solid #ffffff03;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;border-bottom:0.25pt solid;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Trading<br/>Symbol(s)</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;border-bottom:0.25pt solid #ffffff03;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;border-bottom:0.25pt solid;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;"><br/>Name of each exchange on which registered</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_b27576f6-3529-4236-927e-49120554a89e" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:Security12bTitle"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">Common Stock </span></ix:nonNumeric></span><span></span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_bbd235d9-d571-4e66-a58b-dfd6096345d3" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:TradingSymbol"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">TREX</span></ix:nonNumeric></span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_1e7af3d4-b5c1-49ba-90e8-5dd5c53a4a17" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:SecurityExchangeName" format="ixt-sec:exchnameen"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">New York Stock Exchange LLC</span></ix:nonNumeric></span></p></td>
    </tr>
   </table><p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;&#8239;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;&#8239;240.12b-2 of this chapter).</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Emerging growth company </span><span style="font-size:10pt;"><ix:nonNumeric id="F_163f2d74-d2af-462b-92bc-9c91512c9fe8" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:EntityEmergingGrowthCompany" format="ixt-sec:boolballotbox"><span style="font-size:10pt;font-family:Times New Roman;">&#9744;</span></ix:nonNumeric></span></p><p style="font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. </span><span style="font-size:10pt;font-family:Times New Roman;">&#9744;</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;border-bottom:2.25pt double #000000;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:0.5in;width:7.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:0.5in;"><div style="z-index:-3;flex-direction:column;display:flex;min-height:0.5in;justify-content:flex-end;position:relative;"></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;"/>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:0.5in;width:7.5in;box-sizing:content-box;margin-right:auto;padding-right:0.5in;"><div style="z-index:-3;min-height:0.5in;position:relative;"></div><p style="font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Explanatory Note</span></p><p style="font-size:10pt;margin-top:3.6pt;font-family:Times New Roman;margin-bottom:3.6pt;text-align:left;"><span style="font-size:10pt;font-family:Times New Roman;"><ix:nonNumeric id="F_0ae233bd-b956-4ea6-8687-e2a65780442c" contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912" name="dei:AmendmentDescription"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">	This Amendment No. 1 to Trex Company Inc.'s Current Report on Form 8-K is furnished to include a transcript of the earnings conference call held on February 24, 2025.</span></ix:nonNumeric></span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Item 2.02	Results of Operations and Financial Condition</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="text-indent:6.667%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">On February 24, 2025, Trex Company, Inc. (Company) issued a press release announcing its financial results for the three and twelve months ended December 31, 2024, as previously furnished. Also, on February 24, 2025, the Company held a conference call to discuss financial and operating results. A transcript of the conference call is attached hereto as Exhibit 99.2.</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Item 9.01	Financial Statements and Exhibits.</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">	(d) Trex Company, Inc. herewith furnishes the following exhibits:</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p>
   <table style="margin-left:auto;border-spacing:0;table-layout:auto;width:98.0%;border-collapse:separate;margin-right:auto;">
    <tr style="visibility:collapse;">
     <td style="width:9.8%;box-sizing:content-box;"/>
     <td style="width:1%;box-sizing:content-box;"/>
     <td style="width:89.2%;box-sizing:content-box;"/>
    </tr>
    <tr style="height:17.2pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0in;vertical-align:top;padding-bottom:0in;border-bottom:0.75pt solid #000000;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Exhibit</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">&#160;Number</span></p></td>
     <td style="padding-top:0in;vertical-align:top;padding-bottom:0in;border-bottom:0.75pt solid #ffffff03;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;"> </span></p></td>
     <td style="padding-top:0in;vertical-align:top;padding-bottom:0in;border-bottom:0.75pt solid #000000;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Description of Exhibit</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0in;vertical-align:top;padding-bottom:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">99.2</span></p></td>
     <td style="padding-top:0in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;"> </span></p></td>
     <td style="padding-top:0in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><a href="trex-ex99_2.htm"><span style="color:#0000ff;white-space:pre-wrap;text-decoration:underline solid;font-kerning:none;min-width:fit-content;">Transcript of the Trex Company, Inc. conference call held on February 24, 2025, to discuss financial and operating results for the three and twelve months ended December 31, 2024.</span></a></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;"> </span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0in;vertical-align:top;padding-bottom:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">104.1</span></p></td>
     <td style="padding-top:0in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;"> </span></p></td>
     <td style="padding-top:0in;vertical-align:top;padding-bottom:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">Cover page Interactive Data File (embedded within the Inline XBRL document).</span></p></td>
    </tr>
   </table><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:0.5in;width:7.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:0.5in;"><div style="z-index:-3;flex-direction:column;display:flex;min-height:0.5in;justify-content:flex-end;position:relative;"></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;"/>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:0.5in;width:7.5in;box-sizing:content-box;margin-right:auto;padding-right:0.5in;"><div style="z-index:-3;min-height:0.5in;position:relative;"></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:9.35pt;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">SIGNATURES</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:9.35pt;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span></p>
   <table style="margin-left:auto;border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;margin-right:auto;">
    <tr style="visibility:collapse;">
     <td style="width:5%;box-sizing:content-box;"/>
     <td style="width:61%;box-sizing:content-box;"/>
     <td style="width:1%;box-sizing:content-box;"/>
     <td style="width:33%;box-sizing:content-box;"/>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">TREX COMPANY, INC.</span></p></td>
    </tr>
    <tr style="white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">Date: March 19, 2025</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">/s/ Brenda K. Lovcik</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">Brenda K. Lovcik</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">Senior Vice President and</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;vertical-align:top;padding-bottom:0in;padding-right:0.01in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">Chief Financial Officer</span></p></td>
    </tr>
   </table><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:0.5in;width:7.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:0.5in;"><div style="z-index:-3;flex-direction:column;display:flex;min-height:0.5in;justify-content:flex-end;position:relative;"></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;"/>
 </body>
</html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>2
<FILENAME>trex-ex99_2.htm
<DESCRIPTION>EX-99.2
<TEXT>
<html>
 <head>
  <title>EX-99.2</title>
 </head>
 <body style="padding:8px;margin:auto!important;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:10pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:'Calibri',sans-serif;font-kerning:none;min-width:fit-content;">Exhibit 99.2</font></p></div>
   <table style="border-spacing:0;table-layout:auto;width:80.0%;border-collapse:separate;">
    <tr style="visibility:collapse;">
     <td style="width:100%;box-sizing:content-box;"></td>
    </tr>
    <tr style="height:20pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.15in;border-left:2.25pt solid #4f81bd;padding-left:0.08in;vertical-align:top;padding-bottom:0.15in;padding-right:0.08in;"><p style="font-size:20pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p></td>
    </tr>
    <tr style="height:18pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.15in;border-left:2.25pt solid #4f81bd;padding-left:0.08in;vertical-align:top;padding-bottom:0.15in;padding-right:0.08in;"><p style="font-size:18pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-family:Arial;font-kerning:none;min-width:fit-content;">Fourth Quarter and Full Year 2024 Earnings Conference Call</font></p></td>
    </tr>
    <tr style="height:18pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.15in;border-left:2.25pt solid #4f81bd;padding-left:0.08in;vertical-align:top;padding-bottom:0.15in;padding-right:0.08in;"><p style="font-size:18pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></td>
    </tr>
    <tr style="white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.15in;border-left:2.25pt solid #4f81bd;padding-left:0.08in;vertical-align:top;padding-bottom:0.15in;padding-right:0.08in;"><p style="font-size:20pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p></td>
    </tr>
    <tr style="height:11pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.15in;border-left:2.25pt solid #4f81bd;padding-left:0.08in;vertical-align:top;padding-bottom:0.15in;padding-right:0.08in;"><p style="font-size:11pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-family:Arial;font-kerning:none;min-width:fit-content;">CORPORATE PARTICIPANTS</font></p><p style="font-size:11pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font><font style="color:#000000;white-space:pre-wrap;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;- </font><font style="color:#000000;white-space:pre-wrap;font-family:Arial;font-style:italic;font-kerning:none;min-width:fit-content;">President, Chief Executive Officer</font></p><p style="font-size:11pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-family:Arial;font-kerning:none;min-width:fit-content;">Brenda Lovcik</font><font style="color:#000000;white-space:pre-wrap;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;- </font><font style="color:#000000;white-space:pre-wrap;font-family:Arial;font-style:italic;font-kerning:none;min-width:fit-content;">Senior Vice President and Chief Financial Officer</font></p><p style="font-size:11pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-family:Arial;font-kerning:none;min-width:fit-content;">Amy Fernandez</font><font style="color:#000000;white-space:pre-wrap;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;- </font><font style="color:#000000;white-space:pre-wrap;font-family:Arial;font-style:italic;font-kerning:none;min-width:fit-content;">Senior Vice President, Chief Legal Officer and Secretary</font></p><p style="font-size:11pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-family:Arial;font-kerning:none;min-width:fit-content;">Casey Kotary</font><font style="color:#000000;white-space:pre-wrap;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;- </font><font style="color:#000000;white-space:pre-wrap;font-family:Arial;font-style:italic;font-kerning:none;min-width:fit-content;">Investor Relations Representative</font></p><p style="font-size:11pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:justify;"><font style="white-space:pre-wrap;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p></td>
    </tr>
   </table><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">1</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">PRESENTATION</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Good afternoon and welcome to the Trex Company Fourth Quarter and Full Year 2024 Earnings Conference Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the &#34;*&#34; key followed by &#34;0.&#34;  After today's presentation, there will be an opportunity to ask questions. To ask a question you may press &#34;*&#34; then &#34;1&#34; on your telephone keypad. To withdraw your question, please press &#34;*&#34; then &#34;2.&#34;  Please note, this event is being recorded.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">I would now like to turn the conference over to Casey Kotary, Investor Relations Representative. Please go ahead.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Casey Kotary</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thank you, everyone, for joining us today. With us on the call are Bryan Fairbanks, President, and Chief Executive Officer and Brenda Lovcik, Senior Vice President, and Chief Financial Officer. Joining Bryan and Brenda is Amy Fernandez, Senior Vice President, Chief Legal Officer and Secretary, as well as other members of Trex management. The Company issued a press release today after market close containing financial results for the fourth quarter and full year 2024. This release is available on the Company's website. This conference call is also being webcast and will be available on the investor relations page of the Company's website for 30 days.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">I will now turn the call over to Amy Fernandez. Amy.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Amy Fernandez</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thank you, Casey. Before we begin, let me remind everyone that statements on this call regarding the Company's expected future performance and conditions constitute forward-looking statements within the meaning of Federal Securities Laws. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. For a discussion of such risks and uncertainties, please see our most recent Form 10-K and Form 10-Q as well as our 1933 and other 1934 Act filings with the SEC.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Additionally, non-GAAP financial measures will be referenced in this call. A reconciliation of these measures to the comparable GAAP financial measure can be found in our earnings press release at trex.com. The Company expressly disclaims any obligation to update or revise publicly any forward-looking statements whether as a result of new information, future events, or otherwise.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">With that introduction, I will turn the call over to Bryan Fairbanks.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thank you, Amy, and thank you all for participating in today's call to discuss our fourth quarter and full year 2024 results and our business outlook for 2025. I will open by thanking our channel partners, distributors, contractors, and the Trex consumer for driving our performance in 2024. And of course, we cannot be successful without the dedication to excellence I see every day from the Trex team members at every level. Thank you all.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The Trex team ended 2024 by delivering stronger than expected fourth quarter results, enabling us to exceed our full year revenue guidance for both sales and EBITDA. We continue to</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> </font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">2</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">experience strong demand for Trex premium products in the fourth quarter, together with strengthening sequential demand for our value-price products. Our EBITDA outperformance is a good indication of the positive operating leverage we gain on higher utilization and the production efficiencies that our continuous cost-out programs are yielding. We have a full roster of these fast return projects set for 2025 and beyond.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">During the year, we executed on several key strategic initiatives that provide the foundation for our Company's continued long-term growth, product development, product market availability, and branding programs. First, we continue to prioritize new product development and market launches, which are long-term growth drivers. In fact, products launched within the last 36 months accounted for approximately 20% of our full year revenues. Between new products introduced in 2024 and those slated for 2025, we will launch a record number of new products that will support future sales growth.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">During the year, we saw particular success with our premium decking Transcend Lineage</font><font style="color:#000000;white-space:pre-wrap;vertical-align:super;font-size:7.37pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#174;</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">, which continued to drive strong consumer demand at the high end of the market. Transcend Lineage</font><font style="color:#000000;white-space:pre-wrap;vertical-align:super;font-size:7.37pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#174;</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> features heat mitigating technology, now branded SunComfortable&#153;, which reflects UV rays and heat to keep deck boards feeling cooler. In late 2024, we introduced two new colors to our enhanced decking line, both featuring SunComfortable&#153; technology. Heat mitigation attributes are becoming more popular across all markets where people enjoy outdoor living activities, but especially in the Sunbelt where high temperatures and abundant sun are the norm.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">SunComfortable&#153; technology has garnered very positive responses from our channel partners and consumers, and we will continue to roll out this new feature with our new decking product launches. Just last week, we announced the next generation of Trex Select</font><font style="color:#000000;white-space:pre-wrap;vertical-align:super;font-size:7.37pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#174;</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> decking with three new colors, freshened graining patterns, and SunComfortable&#153; technology. Our new Select</font><font style="color:#000000;white-space:pre-wrap;vertical-align:super;font-size:7.37pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#174;</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> decking will be available during the second quarter. First generation Trex Select</font><font style="color:#000000;white-space:pre-wrap;vertical-align:super;font-size:7.37pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#174;</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> was launched back in 2012 and has been an extremely popular mid-priced deck board. This second generation Select</font><font style="color:#000000;white-space:pre-wrap;vertical-align:super;font-size:7.37pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#174;</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> product will continue to fill the needs of mid-priced buyers in the $4.50 to $5 a linear foot price range.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">2024 was a pivotal year in advancing our railing growth strategy as we accelerate the pace of new product introductions with new steel, mesh, and aluminum railing systems, cable and glass systems, and enhancements to the Trex Select</font><font style="color:#000000;white-space:pre-wrap;vertical-align:super;font-size:7.37pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#174;</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> and Trex Enhance</font><font style="color:#000000;white-space:pre-wrap;vertical-align:super;font-size:7.37pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#174;</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> composite railing systems that are priced to provide an alternative to vinyl railing.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">With these new offerings, which will all be available for the 2025 seasons, we now have a comprehensive portfolio of railing products addressing all major design preferences and price points. This accomplishment is aligned with our objective of doubling our market share of the $3.3 billion railing market over the next five years, moving from 6% to a 12% share. And we continue to build out our adjacent growth opportunities. We now have a full line of Trex branded deck fasteners. In addition to providing a clean cohesive aesthetic to the homeowner, these products are engineered to make installation easier and more efficient for both contractors and DIY installers.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Taken together, our expanded decking, railing, and fastener product lines give our channel partners and contractors a competitive edge by offering the ability to deliver end-to-end solutions from one trusted supplier. It also gives the homeowner comfort in knowing that their warranties are backed by the leading manufacturer of decking and railing products.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">3</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Second, with respect to product market availability, we leveraged our expanded product portfolios to further strengthen our relationships with our distribution partners. Long-time distributors like Snavely Forest Products and Boise Cascade announced their decisions to fully align with Trex decking and railing across each of their locations.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Additionally, Weyerhaeuser, the global leader in distributing building products to both pro and retail channels, aligned with Trex decking and railing and will service the California, Arizona, Nevada, and New Mexico markets. Also, we expanded our relationship with International Wood Products, which will fully align with Trex and offer both Trex decking and railing in Northern California and Northern Nevada, giving us the ability to further increase our share in key geographies in the Western part of the US. Further, we strengthened our distribution network in Canada with Alexandria Moulding, a specialty building products brand, which will bring our premium decking and railing products to a broader range of Canadian retailers, homeowners, and contractors. In addition, our home center business will benefit from additional shelf space we're gaining in this quarter at The Home Depot.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">And third, related to branding, we continued to make substantial investments in branding and marketing program that strengthen consumer recognition of the advantages of Trex products. These programs capitalize on current trends in outdoor living by highlighting products that support seamless transition from indoor comfort to outdoor enjoyment and emphasize the climate resilience of a Trex deck with innovations such as SunComfortable&#153; technology and the weather resistance of our boards that make them ideal for use in and around water.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">These advantages appeal to a broad range of consumers who want to add value to their homes and Trex branded products have shown to be an excellent way to add value, similar to investing in a Sub-Zero refrigerator or a Wolf range in your kitchen. We were honored last month to be named America's Most Trusted Outdoor Decking for the fifth consecutive year. According to a nationwide survey of nearly 4,000 participants, LifeStory Research noted that Trex received the best reviews and satisfaction scores among six outdoor decking brands included in the survey, and was the only decking brand to earn the five-star rating for trust compared to the three stars for the next two closest competitors.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">In addition to these strategic initiatives to drive future growth, we remained on track with our investments in the new Arkansas campus. Our recycled plastic processing operation is scheduled to go online late in the first quarter when we begin recycled materials reprocessing in Arkansas. The output from this operation will be used at our Virginia and Nevada facilities, eliminating the need to purchase higher-cost externally recycled materials. Once completed, Arkansas will be our most efficient production site, and it will give Trex total manufacturing capacity of more than $2 billion in sales.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The majority of the capital spending related to the Arkansas campus will be completed this year, which will make 2026 a year of substantial free cash flow generation for Trex as we return to a more normalized level of capital spending, and as we leverage the investments made between 2023 and 2025.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex is positioned for continued growth in 2025 amid expectations for the Repair and Remodel market to be approximately flat compared to the 2024 levels. Our guidance for market outperformance anticipates continued strong sell-through of Trex premium decking products, improved demand for Trex entry-level products, and double-digit growth in our railing product sales.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">4</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Now, I will turn the call over to our Senior Vice President and CFO, Brenda Lovcik, for a financial review and additional color on our guidance for 2025. Brenda.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Brenda Lovcik</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thank you, Bryan, and good evening, everyone. Before I walk through our financial results, I would like to highlight some of the many strategic priorities we executed on during 2024 that will drive growth and profitability in 2025 and beyond.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">One of our top priorities during 2024 was the new product introductions. We are excited to have expanded our decking portfolio with new and innovative product offerings, including a very innovative heat mitigation technology that we are incorporating across our decking portfolio. We also introduced a comprehensive portfolio of Trex railing products, helping us greatly expand our relationship with our distributors who will now be able to offer a full Trex decking solution.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">In the second half of 2024, we revised our channel inventory strategy to reduce the quarterly volatility associated with the timing of channel stocking and destocking and to minimize production fluctuations within our manufacturing plants. Production efficiencies generated by continuous improvement initiatives coupled with increased inventory, which we now believe to be at the right level, position us to service the market with normal lead times, avoid significant channel fluctuations experienced historically, and minimize quarterly revenue and gross margin volatility.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">We are also pleased with our capacity expansion in Little Rock, Arkansas, that is on schedule to start pellet production in Q2 of 2025. As Bryan mentioned, once initial startup expenses are behind us, Arkansas will be our most efficient plant and will enable us to increase the flexibility and efficiencies of our existing manufacturing facilities. I will provide more detailed information concerning the new plant in my financial discussion. We also accelerated our digital transformation initiative to further enhance the Trex consumer experience. The benefits of these strategies will enable us to continue to outpace the Repair and Remodel market in 2025 and beyond as well as enhance our long-term profitability.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">I'd now like to review our fourth quarter and full year 2024 results. Please note that unless otherwise stated, all comparisons discussed today are on a year-over-year basis compared to the fourth quarter of 2023 and full year 2025. As Bryan mentioned, the fourth quarter represented a stronger than expected finish to 2024, a year in which we continue to execute on our key strategic priorities.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">In the fourth quarter, net sales were $168 million, a decrease of 14% compared to $196 million. In Q4, channel inventory decreased by approximately $45 million which is almost double what we had originally forecasted. And despite the better-than-expected sales in decking, the decking channel inventories days-on-hand are down from 2023 and near all-time lows. Even with the substantial channel inventory reduction, sales were ahead of our expectations driven by continued strong demand for our premium-priced products and sequentially stable demand for our entry level products.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Gross margin was 32.7%, down 340 basis points from 36.1%. This decrease is primarily the result of lower utilization, partially offset by the benefits of our continuous improvement initiatives.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Selling, general, and administrative expenses were $39 million or 23.4% of net sales compared to $43 million or 21.7% of net sales. The year-over-year decline was primarily related to lower</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> </font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">5</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">incentive compensation, while we continued to invest in branding, marketing, and new product innovation.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Net income was $10 million or $0.09 per diluted share, a decrease of 58% from $22 million or $0.20 per diluted share. We delivered EBITDA of $29 million 17% of net sales, down from 30% compared to $41 million or 21% of net sales last year.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Turning our attention to full year results. Net sales for the full year 2024 totaled $1.2 billion a 5% increase compared to $1.1 billion primarily due to the shift of our Early Buy program from December to January of 2024 and the strong demand for our premium products.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Net income was $226 million or $2.09 per diluted share compared to $205 million or $1.89 per diluted share, representing 10% growth. EBITDA was $360 million also up 10% from $326 million in the prior year, and EBITDA margin expanded by 150 basis points to 31.3% from 29.8%, primarily due to our cost-out programs, which continued to drive margin improvement and improved utilization in 2024.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">2024 operating cash flow was $144 million compared to $389 million. The decrease was primarily a result of increased inventories as we prepare to execute on our new channel inventory strategy, deliver our new decking and railing products, and prepare for the 2025 decking season.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Consistent with our capital allocation strategy and continued confidence in our long-term outlook, we returned over $100 million to our shareholders in 2024 through the repurchase of 1.6 million shares of our outstanding common stock. We also invested $232 million in capital expenditures in 2024, primarily related to the buildout of the Little Rock, Arkansas facility.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Our outlook for Little Rock remains the same. As a reminder, the total CAPEX for the facility is expected to be approximately $550 million, of which we have already invested $408 million. Once this project is completed, our capital expenditures are expected to return to historical levels of 5% to 6% of revenue, which will result in a significant increase in our annual free cash flow beginning in 2026.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Recycled plastic processing in Arkansas is now in startup phase with employees hired and being trained. As a reminder, in 2025, we expect the associate one-time startup costs to total approximately $5 million to $8 million and the associated annualized depreciation to be approximately $10 million with the official production starting in the second quarter of 2025. These operations are expected to run at target utilization rates by the third quarter with startup costs ending at that point.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Also, as mentioned last quarter, the startup of our Arkansas decking lines is slated for early 2027. At that time, we expect the one-time startup cost to be approximately $12 million beginning in the first half of 2027 with associated annualized depreciation of $20 million beginning at the same time. We expect these operations to be running at target utilization rates by the end of 2027.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Now turning to our 2025 guidance. For the full year 2025, we expect net sales to be in the range of $1.21 billion to $1.23 billion representing a year-over-year growth of 5% to 7%. As a reminder, in 2024, we shifted the timing of our Early Buy program to January, which means that our 2025 program is in full swing and early indications are positive.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">6</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Adjusted EBITDA margin is expected to exceed 31% consistent with 2024's record year, excluding the one-time Arkansas startup costs, restructuring costs related to digital transformation, and railing transition costs of approximately $15 million to $20 million in the aggregate.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">SG&amp;A expenses are expected to be approximately 16% of net sales. Our interest expense is anticipated to be $4 million to $6 million, while depreciation in the range of $60 million to $63 million. We are projecting an effective tax rate of approximately 25% to 26% and capital expenditures are projected to be approximately $200 million for the full year as we continue the development of the Arkansas facility.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Based on the inventory strategy highlighted earlier, 2025 first quarter sales will include our Early Buy program assumed at levels similar to last year but will not include the channel inventory builds to the same degree as in 2024. This strategy will change the quarterly timing of 2025 sales as compared to prior-year with approximately $40 million shifting out of the first quarter into the remainder of the year. As a result, we are guiding the first quarter 2025 revenues to be between $325 million to $330 million.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">With that, I will now turn the call back to Bryan for his closing remarks.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thank you, Brenda. Our market leadership, brand equity, reputation, and robust product portfolio have attracted the largest and most trusted network of distributors, dealers, and home centers in North America. We recently held our annual Trex Pro Platinum event, and we were encouraged by the expressions of confidence, and we share their enthusiasm for growth in 2025.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">For our part, we doubled down on our commitment to innovation with many new products launching in 2025 as a part of our &#x201c;Performance Engineered For Your Life Outdoors&#x201d; campaign, a new program designed to both strengthen and expand our existing market leadership position. Stay tuned for more on that as the year progresses.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">We appreciate the support of our channel partners and the tireless work of the Trex team to build our business, while maintaining the highest standards of quality and integrity. Together, we are positioned to capture the greatest share of the industry's growth opportunities.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator, please open the call to questions.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">QUESTION AND ANSWER</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">We will now begin the question and answer session. To ask a question, you may press &#34;*&#34; then, &#34;1&#34; on your telephone keypad. If you are using a speakerphone, please pick up your handset before pressing the keys. To withdraw your question, please press &#34;*&#34; then &#34;2.&#34;  Please limit yourselves to one question and one follow-up. If you have additional questions, you may rejoin the queue.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Our first question today is from Rafe Jadrosich with Bank of America. Please go ahead.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Rafe Jadrosich</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Hi, good afternoon. Thanks for taking my questions.</font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">7</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Hi, Rafe.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Rafe Jadrosich</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan, first, I just wanted to ask about the distribution side. This has been a pretty, as I call it, volatile period where there's been a lot of distribution changes that we've seen you and one of your competitors announce. Can you just talk about some of the changes that have happened?  Do you anticipate any more going forward and maybe like how it positions you going forward?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes, I expect that you will see a much calmer environment in 2025. We talked about the decking and railing alignment strategy extensively in 2024 and a lot of those distribution changes were related to that as well as ensuring that we had the right number of distributors and appropriate coverage across the country. So again, I think you'll see a much calmer period of time in 2025. The other thing that we'll see is the infill. We didn't necessarily see all of those distributors infill during the fourth quarter. So, we'll see some of that in the first quarter. And then there was also some swapping of inventory between distributors that were carrying a competitor brand and then those two distributors working through existing inventories and then swapping them so that they can service their new customers.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Rafe Jadrosich</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Great. And then just on the railing side, you'd mentioned that you'd secured commitments for Trex railing products. Can you just talk about what that process is like or what that commitment means?  And then just trying to get an understanding on how much visibility that gives you on to the growth going forward?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes, there's three stages of that commitment. And the first stage is making sure that you can get that product to the marketplace effectively and that relies upon distributors. The second piece of that is making sure that we can get that into the pro channel dealer as well as retail centers where it makes sense. So, where these are new products, that's exactly what the team is underway doing at this point. They were during the fourth quarter. They'll continue to do that. And then finally, it's going to be that end consumer.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">You will see a significant amount of marketing of these new railing systems, but also our sales team is out working with the contractors and where they are using competitive product today, whether it's an aluminum railing system, a steel railing system, a mesh railing system, or vinyl PVC, we have products that can match that. That then allows the consumer to have their deck built with one manufacturer. Your decking, railing, fasteners, all coming from Trex and having the confidence that your warranty is going to be supported by a market leader.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Rafe Jadrosich</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thanks. I appreciate it.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thanks, Rafe.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The next question is from Keith Hughes with Truist. Please go ahead.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">8</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Keith Hughes</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes. Thank you. On the guidance call for about 6% or so percent revenue growth, how much of that would come from decking and how much of that would come from the railings?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes. We're not going to split out necessarily the exact difference. I did say in my commentary we expected double-digit growth on the railing side of the business. You'd expect to see that with infill as well as taking some share away. And then, the difference of it will be coming through the decking side of the business.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Keith Hughes</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay. And are you projecting your production to - whatever percentage of that's railing - are you assuming to produce at that level of railing during the year?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Railing is a combination of internally manufactured product as well as some sourced products. So, yes, we do expect that we will be expanding our railing manufacturing as you saw with our inventory at year end. We built inventory, especially on the extruded and powder-coated side of things so that we could service the marketplace and be confident we had plenty of inventory as we get out to the busy season.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Keith Hughes</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay, final question. The inventory level you ended the year at, is that about what we should&#133;if everything goes to plan, is that about what we should see you end at&#133;at the end of '25?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes. We feel pretty good about that inventory level. There may be a slight decrease from that. But I wouldn't expect it to be going up from there. We feel it's in the right place given the new products we're coming to market with. And it'll be a structural change to our balance sheet.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Keith Hughes</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thank you.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thanks.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The next question is from Susan Maklari with Goldman Sachs. Please go ahead.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Susan Maklari</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thank you. Good afternoon, everyone.</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> </font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Hi, Susan.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Susan Maklari</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Hi, Bryan. My first question is talking to demand. One of the things that you mentioned in your commentary is an acceleration at some of the lower price points of the product offerings that you have out there. Can you talk about what gives you the confidence?  And, how you're thinking about getting that consumer engaged given the macro environment and the backdrop that we're in?</font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">9</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes, specifically during the fourth quarter, we saw a high-single-digit overall. That was an acceleration from the third quarter. On the premium side of the business, we saw a double-digit increase on that. So, it was a pretty significant increase. We saw a consumer confidence increase. Now it's dropped a little bit over the past month or so, but we saw that flow through the channel. In talking with our channel partners, with the new products we have, with the new decking line-ups that we have, and understanding where the consumer's head is at this point. We feel that 5% to 7% is the right range, and we have the support in place to be able to drive that kind of growth for the Company.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Susan Maklari</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay. And then, turning to the margin, can you talk a bit about some of the puts and takes that you are expecting this year, especially as it relates to the gross margin, with the recycling capacity at Little Rock starting to ramp, and then any cost savings initiatives or other company-specific efforts that can come through in there as well?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Brenda Lovcik</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes. In general, the gross margin will appear to be flat off of a very high gross margin that we ended 2024 of, right?  So, you will see a little bit of pressure coming from the depreciation that, we'll experience from Little Rock excluding some of the one-time costs there. Again, you'll see that nice, elevated margin at that 41%, 42% for the full year. And again, a lot of that will be continuous improvement, offsetting some of the other inflationary pressures that we see, like increased labor. And we've been working through the tariff implications, and we're still working through that as well.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Susan Maklari</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay. That's helpful. Thank you. Good luck with everything.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Brenda Lovcik</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thank you.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The next question is from Ryan Merkel with William Blair. Please go ahead.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Ryan Merkel</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Hey, everyone. Thanks for the questions. I wanted to ask on 2Q sales, I think you mentioned flat year-over-year. That's a little different than I was thinking. Can you just talk about why that's flat?  And then how much of the $40 million shift, how much of that impacts 2Q?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The $40 million will shift into the rest of the year. We haven't really provided a split on what that would be. It took us time to be able to work that inventory down. The majority of it's going to be into Q2 and Q3. The reason we feel as though Q2 is going to be flattish is because of the revised inventory strategy. Recall, last year in the first quarter, the channel really loaded up. We worked with them. We wanted to make sure that we were going to service our customers, which the channel did a great job with that last year. I expect they'll do a great job of it this year. We had the inventory to be able to support that. So, as Brenda talked about, a revised strategy is to make sure we're not getting too far ahead in the channel. This strategy allows us to add capacity. If we start seeing things are a little bit stronger, we can bring on a couple of lines and continue running those for the rest of the year. If we see things are a little bit weaker, we can</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> </font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">10</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">drop those couple of lines and we can bring inventory to get it back in line. So, we're using our balance sheet to be able to manage that rather than having it already booked through revenue, and then have to worry about taking it back out of the distribution or dealer channel.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Ryan Merkel</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">I see. Okay. So, the inventory strategy change, that impacts the 2Q comparison. Got it.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Right.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Ryan Merkel</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay. And then, in terms of the EBITDA margin cadence, maybe a little help there if you could. It feels to me like it could be more second-half-loaded in terms of the margins, but given the change in the inventory strategy, is it actually, it's more level-loaded to the year?  How do we think about that?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Brenda Lovcik</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">It is more back-half-loaded. You are correct. One thing to recognize from an SG&amp;A perspective, you will see more expense coming through in Q1 and Q2, as we launch our new products. So, you'll see more from a marketing perspective there, as well as we've got more going on with some new wins in Home Depot on the retail side. So, we'll have more marketing in the first half of the year, which has, again, that elevated spend in SG&amp;A, which puts a little more pressure on EBITDA. But you'll see it start swinging Q2, but then more in Q3 and Q4.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Ryan Merkel</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Alright. That's very helpful. Thanks.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thanks, Ryan.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The next question is from Tim Wojs with Baird. Please go ahead.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Tim Wojs</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes. Hey, everybody. Thanks for all the details. Maybe just on the top line, the 5% to 7%, I guess is that, relative to the R&amp;R market, Bryan, is that kind of purely sell-through in your eyes, or is there still&#133;is there some things around pricing and some of the channel activities that has an impact on that as well?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">We took just a little bit of pricing going into the year. Less than 1% of that will flow through as we are seeing increased incentives, rebate programs in the marketplace. So, we won't really see that flow through to the bottom line or even to offset inflation at this point, more so just for the incentive side of things. I mentioned in my commentary that I expect Repair and Remodel to be flat over the course of the year. So, by the time we get to the end of the year, I do expect that's the level of sell-through that we'll see in the channel. There'll be a little bit of load-in we'll see in with some of the new products. But as you're aware, in this industry, the channel tends to bring its inventory back down at the end of the year, recognizing it's a lower volume portion of the year. So, it'll be roughly in line with what we expect sell-through to be in 2025.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Tim Wojs</font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">11</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay. So, the inventory of the channel should really be on a year-over-year basis pretty similar to how 2024 ended?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes. I would expect to see that.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Tim Wojs</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay, great. And then just on the margins, you talked about accelerating digital transformation and it sounds like there's some restructuring that's excluded. I guess what exactly are you doing there, and you just add a little bit of color on what exactly that is?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Brenda Lovcik</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes. So, I think everybody is aware that we hired a new CIO in Q4 of this past year. And as he's come into the organization, we are really accelerating our work around digital transformation. And there's really three phases of that work. There's operational efficiencies and automation internally across the organization. There's a lot of work being done around enhancing, harnessing the power of data, data with our distributors, data with our dealers and then other data that we have internally. And then the third area, there's a lot that's happening around the channel. So really looking at the consumer journey and enhancing the overall consumer and customer experience. So, making sure we, were ahead of what's happening within the marketplace around there. And so, with that new CIO coming in, he's got some great initiatives in front of us that will require some restructuring, some assets that we have that we might have to write off and things like that, that we're working through internally. A lot of that will end up in just normal SG&amp;A. That's part of our increase in SG&amp;A as well. But we're really excited about the efficiencies and the value that that's going to drive for us long-term.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Tim Wojs</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay, great. Thanks a lot for the time.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thanks, Tim.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Brenda Lovcik</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yep.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The next question is from John Lovallo with UBS. Please go ahead.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">John Lovallo</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Hey, guys. Thank you for taking my questions. The first one is just on the expectation for R&amp;R to be flat in 2025. It seems like maybe a little bit of a downshift from what folks were thinking before and what you guys were thinking before. Curious on the cadence there, is that more back-half-weighted than first-half-weighted?  And is there any risk to the conversion in your mind in a slower R&amp;R market?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">It is slightly weaker than what I talked about in the third quarter. We've not seen a decline in interest rates in the marketplace. That's why we're looking at it from a flat perspective. We think it's prudent to plan that way recognizing that the rest of the R&amp;R market will continue to struggle at that lower rate. But we still see great opportunities with the products we're coming to market with. I think when you talk about the risk of being backloaded, the reality is this business</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> </font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">12</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">operates in the second quarter and third quarter. And you've got to see those decking sales coming through during those two quarters. So if it's too heavily back-loaded where we see a really strong economy starting mid-third-quarter, then that's probably a problem for us. But all the indications that we see right now based off of what we're hearing from our contractors. What we're hearing from our dealers is that as the weather allows, they are seeing good flow-through, especially at the high end of the market that continues to perform very well.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">John Lovallo</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay. Yes, that's helpful. And then maybe sticking on the product launches, I mean, I think you said that new products accounted for 20% of 2024 sales. What's the expectation for this as we move into 2025?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Well, you've heard us talk about a significant number of product launches that will continue to expand as we begin to commercialize them. Two new colors of Lineage</font><font style="color:#000000;white-space:pre-wrap;vertical-align:super;font-size:7.37pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#174;</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> just hitting the market now. Three new colors and all new re-launch of our select product line as well as we could probably say roughly doubling the size of our railing portfolio at this point. So significant increase in that number and we'll continue to launch new products every six to nine months. We've been on a much faster track than that over the past year.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">John Lovallo</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Great. Thanks, Bryan.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The next question is from Phil Ng with Jefferies. Please go ahead.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Maggie Grady</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Hey, guys. It's Maggie on for Phil. Going back to railing, maybe if you could talk about how that margin profile compares to decking especially since&#133;for 2025 is expecting higher growth in railing. And then, maybe if you could talk about the attachment rate you've historically seen, and then if you are targeting a higher rate with the new distribution wins.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes. So much like decking, there is going to be a pretty wide range of margin on the railing programs that we have. I think it's important to note that as a management team, we are very focused on driving appropriate gross margins that we can support the elevated level of branding and ability to drive the Trex brand name to that end customer. So, we really work to drive that overall fleet margin as an organization, and we'll continue to do that as we go forward.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Your second question real quick was?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Maggie Grady</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The historical attachment rates for railings and then if you're targeting new level?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes, it varies by the region. And I always struggle using an overall attachment rate because of how different it is by region. If we think up in the Northeast, the majority of our products have been Northeast and Midwest centric from a design perspective. We have a much higher attachment rate in those marketplaces. Now we go out West, a lot of our new products have very much more of a western theme to it. If you were to ask about an overall basis, probably</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> </font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">13</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">around 20% from an overall perspective. And yes, we would expect to significantly increase that attachment rate as we look out over the next five years.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Maggie Grady</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay. And then just to put a final point on the first part around gross margins, you would not expect the higher growth rate in railing this year to be gross margin dilutive. Is that the right takeaway?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">It's inclusive&#133;.the results of that are inclusive in the overall guidance that we've provided for the year.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Maggie Grady</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay. And then Brenda, you mentioned evaluating your&#133; the potential impact of tariffs. Maybe if you could give a little more color around that, maybe your COGS exposure. And then do you have a price increase out there to offset that?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Overall, from a cost of goods sold perspective, Trex has a very low amount that's sourced from the overseas market. I did mention some of these railing programs are more sourced than made inside, but again, we manufacture a lot of it is a small piece of our COGS. Let me turn it to Brenda to talk about mitigation.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Brenda Lovcik</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes, we've got great relationships with our supplier and again the small amount that we do have that Bryan referenced, we're having&#133; we're in the middle of negotiating with them now. And we also have dual source, and we've shared that before on the call. So, we do have local source suppliers as well. So, we have a lot of ways in which we can help mitigate the impact of the tariffs.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Maggie Grady</font><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;"> </font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay, great. Thanks guys.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Brenda Lovcik</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thank you.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The next question is from Trevor Allinson with Wolfe Research. Please go ahead.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trevor Allinson</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Hi, good evening. Thank you for taking my questions. First on your expectation for premium to continue outperforming in 2025. Can you quantify the growth you're expecting for more premium products versus entry level within your 2025 sales guidance?  And then given stronger demand at more premium price points, should we expect some sort of mix margin tailwind in 2025?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes. We're not going to bifurcate the growth levels of the different parts of our business. It is inclusive of the guidance that we provided. But I did mention earlier that I do expect that we will continue to see good performance from those higher-end consumers out there, the wealth effect allowing them to continue to do home improvement projects.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">14</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trevor Allinson</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay. Just a quick follow-up on that one. Do you see a difference in margin profile between the two?  And would you expect that to be a benefit year-over-year then in 2025?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">In some cases, yes, we do have different margins between the high-end and low-end. And just because it's more of an entry level product doesn't mean that it's a low margin in itself, but there are different levels there. And we expect from an overall mix perspective, probably similar to what we saw this year in 2024 as it relates to decking.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trevor Allinson</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay, understood. And then second question would be just on sell-through trends here. It seems like 4Q was pretty&#133; up pretty positively. It sounds like maybe you're expecting things to slow to be more flattish here. Can you just talk about what you've seen more recently and perhaps I expect sell-through the trend throughout the year?  Thanks.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes. One quarter doesn't make a year. While it was positive from what we had seen during the first three quarters of the year. We did see volatility over the course of the year. So, I wish I could give you the level of detail that you'd like of how does that progress over the course of the year. That's where we&#133; the 5% to 7% on an overall year basis is our best estimate of where it comes together, and we'll continue to provide updates as we see the results.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trevor Allinson</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay. Appreciate all the color. Good luck moving forward.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The next question is from Kurt Yinger with DA Davidson. Please go ahead.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Kurt Yinger</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Great. Thanks, and good afternoon, everyone. Bryan, you had mentioned that the three stages in railing and the last one being consumer pull-through. I'm curious when you talk to your sales folks, what's the pushback or what is one or two things that you kind of hear in terms of what Trex needs to do in order to really convert more of those contractors and increase that attach rate?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Well, we've been hearing this for the last two years and speaking with our contractors. Trex, if you had these products, we would be putting your products on these decks. We have a contractor out west that does about three quarters of a million of a competitive product today. We have that product that can allow him to replace that. Well, he's building a Trex deck today. Now he's going to be putting a Trex railing on with that. So we see that across our Trex pros and that's the first place that we can start is working with them, then making sure that we have the appropriate merchandising displays in each one of our dealers. So those customers who are doing it more on a DIY basis, they're able to see that those products exist as well too.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Kurt Yinger</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay, great. That makes sense. And then second, I apologize if I missed it, but can you talk a little bit more about kind of the railing transition costs and what those are associated with, and I guess timing?</font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">15</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The primary piece of that is going to be first is the merchandising cost. Given the amount of railing that we are launching, there is significant merchandising to get into the field as well as dealer resets. And then a couple of situations where we're working with taking out competitors and programs around that. And you'll see that mostly first half.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Kurt Yinger</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay. Appreciate the color. Thank you.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The biggest piece of that is going to be the merchandising impact.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The next question is from Anthony Pettinari with Citigroup. Please go ahead.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Asher Sohnen</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Hi, this is Asher Sohnen on for Anthony. Thanks for taking my question. I think you heard you said new product launches maybe targeting more western styles and markets. So can you just talk about which regions you see as maybe most attractive from a demand or pricing position?  And then are there any notable geographic white spaces you would call out?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes. What I said was more of our designs were Midwest and Northeast centric. The designs that we've put together and the products we've launched are areas that we were not participating in that primarily appeal that was the designs they wanted out west. It doesn't mean that the southern marketplaces and the northeast marketplaces that those aren't designs they want, especially the new aluminum railing system or select aluminum railing system. We've seen widespread interest in that product line and we expect that's going to do extremely well across the entire country.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Asher Sohnen</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay. Thanks. And then I think you repurchased maybe $100 million of stock in 2024. Just how should we think about your appetite for repurchases as we move through 2025, particularly given kind of the temporarily elevated CAPEX?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">We continue to have a program available to us roughly 10% of the float of the Company. So that's a program available to us. And as we've looked at in the past, we see we have a program, and we could be in the market. And yes, I mean, we've been active even when we've had higher capital requirements. So, I wouldn't necessarily say that's something that would hold us back if we see the right opportunity to be in the market.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Asher Sohnen</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Great. Thanks. I'll turn it over.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thanks.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="padding-top:0.5in;z-index:-3;min-height:1in;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:6pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">16</font></p></div><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Again, if you have a question. Please press &#34;*&#34; then &#34;1.&#34;  The next question is from Steven Ramsey with Thompson Research Group. Please go ahead.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Steven Ramsey</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Hi, good afternoon. Wanted to ask a bit on the railing growth expected for 2025, maybe relative to the last couple of years. How much of that growth is wallet share gains versus new partners?  I'm sure new products drive both, but curious if there's a way to parse that out.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">We've seen attractive growth over the past couple of years within the railing portfolio that we have. We've continued to add more features and benefits to those existing product lines. And of course, we've added more new product lines to it. But we do expect to see, I mentioned double-digit type growth for those railing product lines as we move forward.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Steven Ramsey</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Okay. That's helpful. And then lastly for me, do you have a new maintenance CAPEX level as you get past this year with the elevated levels and getting the Arkansas plant running?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Brenda Lovcik</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes, it will be roughly 5% to 6% of revenue. So a lot lower than what we've been spending on CAPEX to-date.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Steven Ramsey</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Good news. Thank you.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Brenda Lovcik</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Yes, that's great news.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">This concludes our question and answer session. I would like to turn the conference back over to Bryan Fairbanks for any closing remarks.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">CONCLUSION</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Bryan Fairbanks</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Thank you for your participation in today's call. We look forward to seeing many of you at upcoming meetings and conferences. Good evening.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Arial;font-kerning:none;min-width:fit-content;">The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.</font></p></div>
  <div class="fixed-width-container" style="margin-left:auto;padding-left:1in;width:6.5in;margin-top:auto;box-sizing:content-box;margin-right:auto;padding-right:1in;"><div style="z-index:-3;flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;position:relative;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Trex Company Inc.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Arial;font-kerning:none;min-width:fit-content;">Monday, February 24, 2025, 5:00 PM Eastern</font></p></div></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;width:8.5in;page-break-after:always;">
 </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>3
<FILENAME>trex-20250224.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA WITH EMBEDDED LINKBASES DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!-- DFIN New ActiveDisclosure (SM) XBRL Schema Document - http://www.dfinsolutions.com/ -->
<!-- Creation Date :2025-03-18T10:14:20.5642+00:00 -->
<!-- Copyright (c) 2025 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<xsd:schema targetNamespace="http://www.trex.com/20250224" attributeFormDefault="unqualified" elementFormDefault="qualified" xmlns:enum2="http://xbrl.org/2020/extensible-enumerations-2.0" xmlns:trex="http://www.trex.com/20250224" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:us-gaap="http://fasb.org/us-gaap/2024" xmlns:dei="http://xbrl.sec.gov/dei/2024" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
  <xsd:import schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" namespace="http://www.xbrl.org/2003/instance"/>
  <xsd:import schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" namespace="http://www.xbrl.org/2003/linkbase"/>
  <xsd:import schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" namespace="http://xbrl.org/2005/xbrldt"/>
  <xsd:import schemaLocation="https://xbrl.sec.gov/dei/2024/dei-2024.xsd" namespace="http://xbrl.sec.gov/dei/2024"/>
  <xsd:import schemaLocation="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd" namespace="http://fasb.org/us-gaap/2024"/>
  <xsd:annotation>
    <xsd:appinfo>
      <link:roleType roleURI="http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation" id="Role_DocumentDocumentAndEntityInformation">
        <link:definition>100000 - Document - Document And Entity Information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:linkbase id="lnk">
        <link:roleRef roleURI="http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation" xlink:href="trex-20250224.xsd#Role_DocumentDocumentAndEntityInformation" xlink:type="simple"/>
        <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:title="labelLink" xlink:type="extended">
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentType" xlink:label="dei_DocumentType"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications"/>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation, State or Country Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pre-commencement Issuer Tender Offer</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_PreCommencementTenderOffer_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pre-commencement Tender Offer</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title of 12(b) Security</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SolicitingMaterial_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Soliciting Material</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_WrittenCommunications_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Written Communications</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl"/>
        </link:labelLink>
        <link:presentationLink xlink:role="http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation" xlink:title="presentationLink" xlink:type="extended">
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentType" xlink:label="dei_DocumentType"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_AmendmentDescription" order="10450.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_AmendmentFlag" order="10010.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_CityAreaCode" order="10130.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentPeriodEndDate" order="10020.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentType" order="10000.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine1" order="10090.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressCityOrTown" order="10100.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressPostalZipCode" order="10120.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressStateOrProvince" order="10110.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityCentralIndexKey" order="10040.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityEmergingGrowthCompany" order="10050.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityFileNumber" order="10060.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityIncorporationStateCountryCode" order="10070.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityRegistrantName" order="10030.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityTaxIdentificationNumber" order="10080.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_LocalPhoneNumber" order="10140.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementIssuerTenderOffer" order="10190.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementTenderOffer" order="10180.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_Security12bTitle" order="10210.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SecurityExchangeName" order="10340.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SolicitingMaterial" order="10170.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_TradingSymbol" order="10220.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_WrittenCommunications" order="10160.0" priority="2" use="optional"/>
        </link:presentationLink>
      </link:linkbase>
    </xsd:appinfo>
  </xsd:annotation>
</xsd:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>5
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.1</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document And Entity Information<br></strong></div></th>
<th class="th"><div>Feb. 24, 2025</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K/A<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Feb. 24,  2025<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Trex Company Inc<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001069878<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-14649<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">54-1910453<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">2500 Trex Way<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Winchester<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">VA<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">22601<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">540<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">542-6300 <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">TREX<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentDescription', window );">Amendment Description</a></td>
<td class="text">	This Amendment No. 1 to Trex Company Inc.'s Current Report on Form 8-K is furnished to include a transcript of the earnings conference call held on February 24, 2025.<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Description of changes contained within amended document.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14a<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>6
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
M4$L#!!0    ( ,1+<UI&QTU(E0   ,T    0    9&]C4')O<',O87!P+GAM
M;$W/30O", P&X+]2=K>9BAZD#D0]BIZ\SRYUA;8I;83Z[^T$/VYY><@;HBZ)
M(B:VF$7Q+N1M,S+'#4#6(_H^R\JABJ'D>ZXQW8&,L1H/I!\> \.B;=> A3$,
M.,SBM[#IU"Y&9W7/ED)WLCI1)L/B6#0ZL2<?J]P<"A#G>B4^BQ-+.9<K!?^+
M4\L54Y[FRF_\9 6_![H74$L#!!0    ( ,1+<UJ$*L6R[P   "L"   1
M9&]C4')O<',O8V]R92YX;6S-DE%+PS 0Q[^*Y+V]M$71T.5EPR<%P8'B6TAN
M6UC3A.2DW;>WC5N'Z ?P,7?__.YW<*T.0ON(+]$'C&0QW8RNZY/08<4.1$$
M)'U IU(Y)?JIN?/1*9J><0]!Z:/:(]2<WX%#4D:1@AE8A(7(9&NTT!$5^7C&
M&[W@PV?L,LQHP X=]I2@*BM@<IX83F/7PA4PPPBC2]\%- LQ5__$Y@ZP<W),
M=DD-PU .3<Y-.U3P_OSTFM<M;)](]1JG7\D*.@5<L<ODMV:]V3XR6?/ZMN!-
M43ULJT8T7/#[C]GUA]]5V'EC=_8?&U\$90N_[D)^ 5!+ P04    " #$2W-:
MF5R<(Q &  "<)P  $P   'AL+W1H96UE+W1H96UE,2YX;6SM6EMSVC@4?N^O
MT'AG]FT+QC:!MK03<VEVV[29A.U.'X416(UL>621A'^_1S80RY8-[9)-NIL\
M!"SI^\Y%1^?H.'GS[BYBZ(:(E/)X8-DOV]:[MR_>X%<R)!%!,!FGK_# "J5,
M7K5::0##.'W)$Q+#W(*+"$MX%,O67.!;&B\CUNJTV]U6A&ELH1A'9&!]7BQH
M0-!445IO7R"TY1\S^!7+5(UEHP$35T$FN8BT\OELQ?S:WCYES^DZ'3*!;C ;
M6"!_SF^GY$Y:B.%4PL3 :F<_5FO'T=)(@(+)?90%NDGVH],5"#(-.SJ=6,YV
M?/;$[9^,RMIT-&T:X./Q>#BVR]*+<!P$X%&[GL*=]&R_I$$)M*-IT&38]MJN
MD::JC5-/T_=]W^N;:)P*C5M/TVMWW=..B<:MT'@-OO%/A\.NB<:KT'3K:28G
M_:YKI.D6:$)&X^MZ$A6UY4#3( !8<';6S-(#EEXI^G64&MD=N]U!7/!8[CF)
M$?[&Q036:=(9EC1&<IV0!0X -\313%!\KT&VBN#"DM)<D-;/*;50&@B:R('U
M1X(AQ=RO_?67N\FD,WJ=?3K.:Y1_::L!I^V[F\^3_'/HY)^GD]=-0LYPO"P)
M\?LC6V&')VX[$W(Z'&="?,_V]I&E)3+/[_D*ZTX\9Q]6EK!=S\_DGHQR([O=
M]EA]]D]';B/7J<"S(M>41B1%G\@MNN01.+5)#3(3/PB=AIAJ4!P"I DQEJ&&
M^+3&K!'@$WVWO@C(WXV(]ZMOFCU7H5A)VH3X$$8:XIQSYG/1;/L'I4;1]E6\
MW*.76!4!EQC?-*HU+,76>)7 \:V</!T3$LV4"P9!AI<D)A*I.7Y-2!/^*Z7:
M_IS30/"4+R3Z2I&/:;,CIW0FS>@S&L%&KQMUAVC2/'K^!?F<-0H<D1L= F<;
MLT8AA&F[\!ZO)(Z:K<(1*T(^8ADV&G*U%H&V<:F$8%H2QM%X3M*T$?Q9K#63
M/F#([,V1=<[6D0X1DEXW0CYBSHN0$;\>ACA*FNVB<5@$_9Y>PTG!Z(++9OVX
M?H;5,VPLCO='U!=*Y \FIS_I,C0'HYI9";V$5FJ?JH<T/J@>,@H%\;D>/N5Z
M> HWEL:\4*Z">P'_T=HWPJOX@L Y?RY]SZ7ON?0]H=*W-R-]9\'3BUO>1FY;
MQ/NN,=K7-"XH8U=RS<C'5*^3*=@YG\#L_6@^GO'M^MDDA*^:62TC%I!+@;-!
M)+C\B\KP*L0)Z&1;)0G+5--E-XH2GD(;;NE3]4J5U^6ON2BX/%ODZ:^A=#XL
MS_D\7^>TS0LS0[=R2^JVE+ZU)CA*]+',<$X>RPP[9SR2';9WH!TU^_9==N0C
MI3!3ET.X&D*^ VVZG=PZ.)Z8D;D*TU*0;\/YZ<5X&N(YV02Y?9A7;>?8T='[
MY\%1L*/O/)8=QXCRHB'NH8:8S\-#AWE[7YAGE<90-!1M;*PD+$:W8+C7\2P4
MX&1@+: '@Z]1 O)256 Q6\8#*Y"B?$R,1>APYY=<7^/1DN/;IF6U;J\I=QEM
M(E(YPFF8$V>KRMYEL<%5'<]56_*POFH]M!5.S_Y9K<B?#!%.%@L22&.4%Z9*
MHO,94[[G*TG$53B_13.V$I<8O./FQW%.4[@2=K8/ C*YNSFI>F4Q9Z;RWRT,
M"2Q;B%D2XDU=[=7GFYRN>B)V^I=WP6#R_7#)1P_E.^=?]%U#KG[VW>/Z;I,[
M2$R<><41 71% B.5' 86%S+D4.Z2D 83 <V4R43P H)DIAR F/H+O?(,N2D5
MSJT^.7]%+(.&3E[2)1(4BK ,!2$7<N/O[Y-J=XS7^BR!;814,F35%\I#B<$]
M,W)#V%0E\Z[:)@N%V^)4S;L:OB9@2\-Z;ITM)__;7M0]M!<]1O.CF> >LX=S
MFWJXPD6L_UC6'ODRWSEPVSK> U[F$RQ#I'[!?8J*@!&K8KZZKT_Y)9P[M'OQ
M@2";_-;;I/;=X Q\U*M:I60K$3]+!WP?D@9CC%OT-%^/%&*MIK&MQMHQ#'F
M6/,,H68XWX=%FAHSU8NL.8T*;T'50.4_V]0-:/8--!R1!5XQF;8VH^1."CS<
M_N\-L,+$CN'MB[\!4$L#!!0    ( ,1+<UIJB*/=MP0  .81   8    >&PO
M=V]R:W-H965T<R]S:&5E=#$N>&ULI9AM;^(X$,=?W[>P..D>I)8\-%#: R1*
MV[MJ=[NH<-M[T+TPR4"L)G'6=DKY]C<.D+"],"#=&TC \\_/X_',./V55"\Z
M!C#L+4TR/6C%QN37CJ/#&%*NVS*'#/]92)5R@[=JZ>A< 8]*HS1Q?-?M.BD7
M66O8+W^;J&%?%B81&4P4TT6:<K6^@42N!BVOM?OA22QC8W]PAOV<+V$*YO=\
MHO#.J50BD4*FA<R8@L6@-?*N;_R.-2A'?!&PTGO7S$YE+N6+O7F(!BW7$D$"
MH;$2'+]>80Q)8I60X^M6M%4]TQKN7^_4[\O)XV3F7,-8)L\B,O&@U6NQ"!:\
M2,R37/T&VPF5@*%,=/G)5INQ0=!B8:&-3+?&2)"*;//-W[:.V#/HN0<,_*V!
M7W)O'E12WG+#AWTE5TS9T:AF+\JIEM8()S*[*E.C\%^!=F9X*\,"G6S8*(O8
M76:$6;.';+/:Z+6^8_ A=J@3;@5O-H+^ <%[F+>9'YPQW_4[WYH[R%8!^A6@
M7^I='- ;RU=0[._17!N%2_A/$]%&(6A6L'%]K7,>PJ"%@:M!O4)K^,/W7M?]
MA>"[J/@N*/7:@;-U#DUPM'GO_(,S(C"""B,@=4;($)4<]PE?-G'0]D850&!T
M*HS.:=Z8@!+21E3$,"X;'4,K57%T+)"Z%5J7%-P&]Q,LA0TE9'SD:2,8K3-3
M\,;&,LUY9K=*2*!=5FB7IZ"-T7&*)R@:X2,^P+H)CE9R7==SNU>]RQZ!U:NP
M>J=@W:6@EB);LE_1WL2[N3?!T7H+GF@JR*XJKJM3N.Y% NRQ2.>@FEAH#?33
MN1=T@RN"QW/K).J>0H31(%4N59DZS]C48.0SJ=!C!:XL+K",&@/NB/KM'06Y
ME^F]4R!G_(T]1!AJ8B'"DI1PXA')3G#N77ENT+F@".M4[Y&9>D<XBB+,T_IL
M=\$^XCCV.6OV'2WI=UR7E5OVF:\IR#K?>W3&?@\YMG>XR#.Y:BZ7M-RSR+#3
MTN:]_[^EJ\N 1^?Q]W15#$Z4?,5'-?N0UOQ"%2BO+@T>G='?HTVD-ICM_A+Y
MX8U!*_I^U_4HMKHV>'12+Q=QA&WM811:H!.X%$A="3PZ@7^4(?ID$LN,RFVT
M2'/'TPG\\^X%[@:*LRX-'IW+GY4P!C);#-(BVR82W<CZ_XJ"5U<%CT[I4YF(
M4!A;J3YAT"O!DT8>6N48CU\7!9].VQ,%YR&Z!W#7;3I$;-&PE_V\6#2OZA&]
MHV1U)?#IM/T?L@>M"R0["DC+'@7<Z_GIK#T3!FN[7##/_VG^,YM"6&"\-;8<
MM%+S5K!!BV5O:F3X0FT'ORX*/IW%9XI'-O"FZW0N&\/NF,#3W1\425T ?#I9
M[WS%[M["F&=+.-CF'A%Z_'-*]1U^G?=].DO71Y-;T*$2^:&#):W3O)3?S6*A
M6?V(1]EF'C.2O6_3VS]J-BZ4LH.> )LTPS $[,F>X1F,H<BB4)G DW1DS;%4
M)D4$C#-[5MA@VX T,3#@.#!;:A;*#'>*W44,LW;"8DBB4A7FJN#8\.W.P>TF
M1SI[IW;[!N03MVVV9@DL</YN^Q+=H38O%38W1N;E07XNC9%I>1D#QQUK!^#_
M"RG-[L:^&ZA>[0S_!5!+ P04    " #$2W-:GZ ;\+$"  #B#   #0   'AL
M+W-T>6QE<RYX;6S=5VUKVS 0_BM"/V!N8FKBD1BV0&&PC4+S85^56'8$>O%D
MN7/ZZZ>S;"=I=67=A['-H<G=/;J[1W<GF:Y;=Y+\X<BY([V2NMW0HW/-^R1I
M#T>N6/O.-%Q[I#)6,>=56R=M8SDK6W!2,EG>W&2)8D+38JT[=:=<2PZFTVY#
M;VA2K"NCSY:4!H-?RA0GCTQNZ)9)L;=B6,N4D*=@7H+A8*2QQ'DJ?$,78&F?
M KP(&K <XRBAC05C$C*$[_VX_!DP::U7A90SP24-AF+=,.>XU7=>&18/QA<0
M&>7=J?$,:\M.B^4M/3L,/S[)WMB2VSG-@DZF8BUY!72LJ(_PZTR3 .B<45XH
M!:N-9@.'R6,4?-@#E_(!6OBMNHK=5R3TXE,);2"PU4GTA$8QA D*Q+^,%F)?
MA+W]K;"D$8_&?>S\;O2@?^^,X_>65Z(?]+Z:\V/1%WATUC3R]$&*6BL>]O[+
M"8LUF_S(T5CQY+/!I!R\@5M*'KEUXG!I^6%9L^.]FZ:IKW#.RW^0\Y^M<\TU
MMTQ>DO:C_S=7^2V,D_'T7!S1JP,Z6PE<A!OZ%>Y7>>9 ]IV03NA1.XJRY/K%
M.?7A'=O["_PJOE]?\HIUTNUF<$//\A=>BD[E\ZI[J,NXZBQ_AOMHD<VWL,\E
M=,E[7FY'U=;[021>\%G'!QR>(W?#$T<PGX#%$<"P/!@#S"=X87G^I_VLT/T$
M#..VBB(KU&>%^@2O&+(=/EB>N$_NG_A.\SQ-LPRKZ'8;9;#%ZI9E\!>/AG$#
M#RP/9'I;K?%NXQ/R^AQ@/7UM0K"=XI.([12O-2#QNH%'GL>[C>4!#ZP+V.Q
M_G@>F*FX3YI"5S%NV G&D3S'$)C%^(QF&5*=##[Q_F"G)$WS/(X %F>0IA@"
MIQ%', ;  4/2='@//GL?)=-[*CG_5U/\!%!+ P04    " #$2W-:EXJ[',
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MA1H#V#<YD 27Y*IU5%WI>:;7-Y-;2>C@W(-@[^&5C!W-CQ]W]P-02P,$%
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MO-9.&G_FB^$_7G\!4$L! A0#%     @ Q$MS6D;'34B5    S0   !
M         ( !     &1O8U!R;W!S+V%P<"YX;6Q02P$"% ,4    " #$2W-:
MA"K%LN\    K @  $0              @ '#    9&]C4')O<',O8V]R92YX
M;6Q02P$"% ,4    " #$2W-:F5R<(Q &  "<)P  $P              @ 'A
M 0  >&PO=&AE;64O=&AE;64Q+GAM;%!+ 0(4 Q0    ( ,1+<UIJB*/=MP0
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M2P$"% ,4    " #$2W-:)!Z;HJT   #X 0  &@              @ %!$@
M>&PO7W)E;',O=V]R:V)O;VLN>&UL+G)E;'-02P$"% ,4    " #$2W-:99!Y
MDAD!  #/ P  $P              @ $F$P  6T-O;G1E;G1?5'EP97-=+GAM
7;%!+!08     "0 ) #X"  !P%      !

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>7
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>8
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
.report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

.report table.authRefData a {
	display: block;
	font-weight: bold;
}

.report table.authRefData p {
	margin-top: 0px;
}

.report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

.report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

.report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

.report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
.pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
.report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

.report hr {
	border: 1px solid #acf;
}

/* Top labels */
.report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

.report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

.report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

.report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

.report td.pl div.a {
	width: 200px;
}

.report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
.report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
.report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
.report .re, .report .reu {
	background-color: #def;
}

.report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
.report .ro, .report .rou {
	background-color: white;
}

.report .rou td {
	border-bottom: 1px solid black;
}

.report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
.report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
.report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

.report .nump {
	padding-left: 2em;
}

.report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
.report .text {
	text-align: left;
	white-space: normal;
}

.report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

.report .text .more {
	display: none;
}

.report .text .note {
	font-style: italic;
	font-weight: bold;
}

.report .text .small {
	width: 10em;
}

.report sup {
	font-style: italic;
}

.report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.25.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>23</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="trex-20250224.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>100000 - Document - Document And Entity Information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation</Role>
      <ShortName>Document And Entity Information</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K/A" isOnlyDei="true" isUsgaap="true" original="trex-20250224.htm">trex-20250224.htm</File>
    <File>trex-20250224.xsd</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="23">http://xbrl.sec.gov/dei/2024</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>false</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>12
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "version": "2.2",
 "instance": {
  "trex-20250224.htm": {
   "nsprefix": "trex",
   "nsuri": "http://www.trex.com/20250224",
   "dts": {
    "inline": {
     "local": [
      "trex-20250224.htm"
     ]
    },
    "schema": {
     "local": [
      "trex-20250224.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd",
      "https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd",
      "https://xbrl.fasb.org/srt/2024/elts/srt-roles-2024.xsd",
      "https://xbrl.fasb.org/srt/2024/elts/srt-types-2024.xsd",
      "https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd",
      "https://xbrl.fasb.org/us-gaap/2024/elts/us-roles-2024.xsd",
      "https://xbrl.fasb.org/us-gaap/2024/elts/us-types-2024.xsd",
      "https://xbrl.sec.gov/country/2024/country-2024.xsd",
      "https://xbrl.sec.gov/dei/2024/dei-2024.xsd",
      "https://xbrl.sec.gov/stpr/2024/stpr-2024.xsd"
     ]
    }
   },
   "keyStandard": 23,
   "keyCustom": 0,
   "axisStandard": 0,
   "axisCustom": 0,
   "memberStandard": 0,
   "memberCustom": 0,
   "hidden": {
    "total": 2,
    "http://xbrl.sec.gov/dei/2024": 2
   },
   "contextCount": 1,
   "entityCount": 1,
   "segmentCount": 0,
   "elementCount": 24,
   "unitCount": 0,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/dei/2024": 23
   },
   "report": {
    "R1": {
     "role": "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation",
     "longName": "100000 - Document - Document And Entity Information",
     "shortName": "Document And Entity Information",
     "isDefault": "true",
     "groupType": "document",
     "subGroupType": "",
     "menuCat": "Cover",
     "order": "1",
     "firstAnchor": {
      "contextRef": "C_f0629f08-60f7-4416-9e4d-883a484d5912",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "p",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "trex-20250224.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "C_f0629f08-60f7-4416-9e4d-883a484d5912",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "p",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "trex-20250224.htm",
      "first": true,
      "unique": true
     }
    }
   },
   "tag": {
    "dei_AmendmentDescription": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "AmendmentDescription",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amendment Description",
        "documentation": "Description of changes contained within amended document."
       }
      }
     },
     "auth_ref": []
    },
    "dei_AmendmentFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "AmendmentFlag",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amendment Flag",
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission."
       }
      }
     },
     "auth_ref": []
    },
    "dei_CityAreaCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "CityAreaCode",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "City Area Code",
        "documentation": "Area code of city"
       }
      }
     },
     "auth_ref": []
    },
    "dei_CoverAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "CoverAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Cover [Abstract]",
        "documentation": "Cover page."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentPeriodEndDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "DocumentPeriodEndDate",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Period End Date",
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentType": {
     "xbrltype": "submissionTypeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "DocumentType",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Type",
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine1": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressAddressLine1",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line One",
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressCityOrTown": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressCityOrTown",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, City or Town",
        "documentation": "Name of the City or Town"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressPostalZipCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressPostalZipCode",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Postal Zip Code",
        "documentation": "Code for the postal or zip code"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressStateOrProvince": {
     "xbrltype": "stateOrProvinceItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressStateOrProvince",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, State or Province",
        "documentation": "Name of the state or province."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityCentralIndexKey": {
     "xbrltype": "centralIndexKeyItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityCentralIndexKey",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Central Index Key",
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityEmergingGrowthCompany": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityEmergingGrowthCompany",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Emerging Growth Company",
        "documentation": "Indicate if registrant meets the emerging growth company criteria."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityFileNumber": {
     "xbrltype": "fileNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityFileNumber",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity File Number",
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityIncorporationStateCountryCode": {
     "xbrltype": "edgarStateCountryItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityIncorporationStateCountryCode",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Incorporation, State or Country Code",
        "documentation": "Two-character EDGAR code representing the state or country of incorporation."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityRegistrantName": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityRegistrantName",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Registrant Name",
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityTaxIdentificationNumber": {
     "xbrltype": "employerIdItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityTaxIdentificationNumber",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Tax Identification Number",
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_LocalPhoneNumber": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "LocalPhoneNumber",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Local Phone Number",
        "documentation": "Local phone number for entity."
       }
      }
     },
     "auth_ref": []
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "PreCommencementIssuerTenderOffer",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-commencement Issuer Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "dei_PreCommencementTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "PreCommencementTenderOffer",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-commencement Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r5"
     ]
    },
    "dei_Security12bTitle": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "Security12bTitle",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Title of 12(b) Security",
        "documentation": "Title of a 12(b) registered security."
       }
      }
     },
     "auth_ref": [
      "r0"
     ]
    },
    "dei_SecurityExchangeName": {
     "xbrltype": "edgarExchangeCodeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "SecurityExchangeName",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Exchange Name",
        "documentation": "Name of the Exchange on which a security is registered."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_SolicitingMaterial": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "SolicitingMaterial",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Soliciting Material",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r4"
     ]
    },
    "dei_TradingSymbol": {
     "xbrltype": "tradingSymbolItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "TradingSymbol",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Trading Symbol",
        "documentation": "Trading symbol of an instrument as listed on an exchange."
       }
      }
     },
     "auth_ref": []
    },
    "dei_WrittenCommunications": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "WrittenCommunications",
     "presentation": [
      "http://www.trex.com/20250224/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Written Communications",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act."
       }
      }
     },
     "auth_ref": [
      "r6"
     ]
    }
   }
  }
 },
 "std_ref": {
  "r0": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r2": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r3": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r4": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14a",
   "Subsection": "12"
  },
  "r5": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r6": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "425"
  }
 }
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>13
<FILENAME>0000950170-25-041766-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0000950170-25-041766-xbrl.zip
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M*B.2H8L^I])?RE"4H$Z>H7:7@"P3[Y<T?>95[6NVNJUL=7,5<.-Q_7N&UKY
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MBO!<[FS+_+U/P?.R[!2>KSSECK^&E#LK%)9W^EMA,W$!5E=_5B(>Q5!*&PJ
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MXA[_.P *+K8LGA94O3<K8)(-XA$HS@,9Y*@BJT41K@'=!*"Q QBX4J?E9F;
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M6J]$8&@-)+K,/==5XB\D(D]?D\BT+Y%TP%=5CSE'(U&Y[[VPW A)=.[[:Z+
M/4EZY/&K$%C@O"0R]WT>L^C7)-H^O@IM2PR?1.YOKT)NWAY*].W[#&Z)MY0(
M_;3G0A?]J.2]L>_#ZG)#*]&Z[Y.Z,@<L4;GOK771.(NUM?9]EJ-VWF)]1_O>
M&U6V7=(R]_V%F'/]DF:Y[XN, N<PJ;GGS-RB_4?YO3ZY+R/S__@WD,/D,R/W
MI>LH(?4][# E_#KW^?]02P,$%     @ Q$MS6I11SL[T3@  ;ZT"  \   !T
M<F5X+65X.3E?,BYH=&WMO6V7W+:Q+?S]_@H^B16M=5;/9%XD^46YR9)EV5&.
M;<F2<G3\?$,WT=WPL,DV04ZK_>MO[:H""/:,Y#CNB5HCW'6N,YHA01!$%>IE
MUZZ_++M5]=?_4_QE:4U)_UO\I7-=9?_ZY'^//O_\^.PO?Y9_T@5_UBO^,FW*
M;>&[;67_[Q_6IBQ=O?CBL_6;ARO3+ES]A>F[YO]SJW73=J;N'OZ!!RW=93&K
MC/?_]P]S]\:61QM7=LNC65-WQM6V_4,84 8YJNR\XY$>ZA/D-Z>N?LAW?O'@
M^#[]/&W>''GW"V: H6S='=&O="9'K5LL=T:17V&8/_R5)S5^CZ.N67]QPD/_
M<N3JTK[YXNC\X8K&6MIXY[KQKG--_45K*].Y2YM.8]JTI6UY%O2$=1A_3K/#
M)?:+TY-U%R;(3WO(?YN;E:NV7[QR*^N+[^VF>-&L3!TNG#9=UZSDWLZ^Z8Y,
MY18T <P)S\$0X5&SIFK:+_YXPO_OX6;I.GODUV9FOUBW]FC3FO7#9#:G-&(Z
M@;N/:>AIZ^Y.O*G]D;>MF\L%%[:M\89U4UM>$OD0<]<=Z=K33)Z\6;JIZPK9
M.[COKW_Y\YK^/ZTU-@)M+S.M;)BKKA:FAZ%/'O)?CRJS;7K]<O*4STZ.3^X\
MU,OI#2NS]O8+;]>F-9V538;!VS#RI?,TD<IUVR_"Y>$JNJP,E\GHIR<\^+5[
MB5;WSUVIX_^Y:Z\\27?&&;[-M:N]H5D?35MK+K[@_Q[A%]=-9KP)3V6#\QOS
MYC\[/KN_IL_<5*XL_GAO_MGIM!R+!RW29W33I6T[-S.5[A(:+EZF&TE''TN%
MWGW]MCW['=OV)-VSF.B_NV7U:8]:9ZK?L"E?M?9-\;A9K4V]+9[6L^/1SOQ7
M/N[I9[?ZX_+K?: ?]^NF;[ME\4-OVLZVA:G+XNN^JHH?K6F+LY.S>\43P\-X
MV@+UW+:VGMF"M%R5=\'MV07?-75IMI/B:SMM:2=LB[-[$WS]^Y/B_A<G)\7S
M[V@;>-H@];_^U6_OE[Y19;[W;_NG/YX^.'GXVZ7U]'9+Z^F__PT?C,W(WR.O
M&UGL:5.5O^LC/W[VXOFS%X]>/2F>/WKQZNGCI\\???_J9?K1;W8-?NI]Y^;;
M][T,7[9;4Q=?&]=.37WAP_O_!S6I2-M1L=]'\P!?N(X6>_8;)O.\M=Z5]/.D
M>+QT=EX\>6-G/7RNXME\[F:V_0AWB*6CKOBVN9RYBX]]?[RTM6O:XG]H)Q1Q
MK[ -*-OE:U>;>D9/^6BWRZ/5EHRBEI:AM+_D[7+-=@FJY5N[&/8)[Z&7=M;:
MCJS)CV[7/#;>;HO_;M*7_U@WS=/ZTOJ.MLT+#O<UM:>?Z%F>_LSAO_>^.]Z+
MQ4T_(%:W]QCG[_ OAF>_ZW&_:QDTC'E3\>QDS?CBO<6WDVCVO+)OCDK7VAD'
ML4F>^E7]L'1^79GM%_CK5>>$YS:.@NM>#,O%-QZ1:?(>P^.'OW6&#;1L=W:(
MJRO:.*2D3*O?=/P'6MI10/Q8_,6%%4_VR,P[VWYAJHW9^IQTV>.N>K#WG,ON
M-ONMZOGTZK[Z3TO2OVV07)]U^JTK\/S%DY=/OG_UZ-739]__VO'[/A7*[WW/
MJVKD(_O0S]:V-61\?0A+L)\W_J9IRH*5>=TT-?LA&UO-FI4MNJ;HEK88I;/^
M_?3'<?&(KEL;A"8=C=7Y8N/H-U-;N+JHG*<)'35UM2U636F/BY?+IJ_*8MOT
M16TMS=%[NH;<:SLIUI4ECZ'PM(3D0YEB-CS*KRT<<+JTF&X+V,V>9L,O\J<_
MGM][^%_\W^*"_(UY4U7-AH:F"_FW)\?RQ^(1UH/>OS3;N[X8C.^FGF"DUL:I
MF[IHUL >]+7KME@RXR^*GWLRX6&Z'Q>OY#<F_H[?:&5T;J-)T="U_.)4?B%7
MTTQL9==+^HR8-QUC/.S&=<NR-1NY) P?%^==PY^%%WTNU]9-9_%FSA?V$B$-
M^F%JL6YDMN&P*X^SVKL],O^TV+!LU<V&!.]")+UO:Y:21)::2Y:"(G7/)\6O
M.JC'85LM:.\#Q9,WST%LGALZ,Z\+WASR,NSGK5\M37T!U3N!RFRW=.V$3I2V
M^*EQN+OHO1P@Q\5K4M3X9Z,"1H=A8>@,V4F^3-(8X1!3OI*"X+^-PO*3XBV1
MQG=$IH^+?^A$91K)H*3\1V'<MP[_JX%,FH&'.5'A?QN<G,7*KJ:VI7_-Q;"@
M#TU.Y8K&HT.-5B<8&L[['J>^GF/DAK%*X245>X5N;2]L1RYGXUEMP<O$"\WC
MN]*M?46&!KX+EGXNULO/B?4RA_6R#=8+YN"&I]&/YM*XBC%D^OET@G?Q8E-R
M$JW>D^A-_L*XM_*-GJ-T[<QXR15$VV%W:!<T:QLU*SQNK-6U3^;W.C\I:$E\
MUK&W2+D\E3V"\WDXE[&IPHD\DL]C_#-__X/X_C=TQEZ;5COD==C[(<M6QG'Q
MI26=1^Z7)05*\YX4%9T Y*NVEL8HXU%,$F,P9]/QT:)G+[0TI*BE$ZLM@ULX
MJ%7[AIS'SN)0(+$C%\JV]+05?$Y6W#2QTHE>IA_)W>IZ4<(;&NZH:IH+C)D\
M%2Z:$_%=6<.'$^GRKVUI6SJ=Z)CL6QJ/OL>W9N/Y_(-7.]P/*\'WTY]H5I!Z
M.E]QQA6M\Q>>9]37^CL>A5]ZQJ;]S/0TE)EU?7(,TA"EF\_YZ*3SC[X%>=OS
MMEG1G3A#Z?UQV-("Z*3?_FK'Q==T]A@:S\]Z<K%I?>G-?#];OFUV@]=NZ40C
MCW75T'E(_B7\31IL59R>'/VW1!3T7S^,S >ZY?3S\W.^0FP)^N>]XA&MS=Q5
M''+ >O/$7SYYG!7B+5($CTH1/.S8"9V+]=$WCQX]3RP]$B]/(CO$E%JKUIAN
M9I5].BLYID%W58YM++6NO!W&T,#7#(JA90/M^J?1B#6>169ES8_!'K4A_C4V
M7$DR.[)WCVG0L:&K0D>2"%FJC%M!>+9%,Z6UEQG2?/IU2:)7L&UXZ1#>Z>GO
M,[H+U[Y+!2TMRPI)D%%%@#>NZ;N[FK6;1(U4Y7'XAV25'L0RMJ%G94FZ19+T
M6E0D;4=2RVU3]C/Y_FIR7F]N[GBJ>4,<Q(:X(5OS+9C00UZ)O5N;9&]+]*0+
MORL@#_"W8P:C@Z;%V:)I I88-K'8).+#X%<##M$V8ZN&[ICVWM66;^^@SOF9
MJ"PX#B+:K&V-E 5/C4U*NFU&_ZBMY%=JVY(&IVETK9OV78-_X2U;,@?Y'_)B
MFMF!)=NO;,L/*EMW&89,K5]Z30F//,(TYS R6V\GL,/I#*R;#L<@67\SFCF]
M(!MB] +\E-*6;A8/,OMF1@8=ATF>LBG()CM"&,$2U7EUUJQBM(C4E5Q7T?]4
M.$"3SY+5T:T2PO3[6_)W2Q$4VO&EK1SM K%PVJ9>X'2BG9 X;F-Y4^&:T#AD
MQL6H+&]"*_(VB&,+VZ>WQ:)W)6]Z" 0MTK+PIK(BH4^^?/KJJT?'Q6L).#I<
MWS6_!S>XGU4K,FKL@T2-'0"ZYYW5JK?\W?_-,KX,K<O0NOULP*ND!;?\>,=)
MW3I!ZO 13H?ZBLUB.FQ9%:T1RNU7]+_LG/HA%ID>[1,Z=A<2V>"@'PUFZP40
M+FP=V)][>AY"-<GP..XO3=7;HW6+3&9XPG'QC/XB1SO,[I'AB[#) A@IVL[!
MC-5\G&SD2PN+O!5W .9IBY0=&<8+A&KIZB5M,YIFW[G*_2(#! -\'1WPPB)_
MBH6)@5PVZ\7(:'I$G'UW!)N:;EJT9B71X:VS%22/39*EH<D8,6G:!GIK"&[-
M#4=;V;^G$1!2]K1.7?0O>%)3NR65F WJ6R1Q7_5MR'3 S&6?S3*F !9P37O@
MDK,10,21%)G.+MR,=CMM;=;.NAMISURZT@91I'.3MVV0JR&)$NSBLJ@:G BV
M716+MMETRTG8[R24Y,4UZQ6C",(O-9VO67'F4A%7==K2?_$.8><?%U^[UG?B
M?@YF./W=-4BH_&(YOGG-TW@\?5!E^GJV1&*"/L%LR>*T.V5VB,D!)>>;WI7\
MY\F@E_3^,LWR5)"R\P?%BF:U) F=D:-<BV-"WO^:[GWCD'NIR-0XN0/IO-8'
M\4AT=1M+CG[R(CZ&["2HS6Z1J!)D;SR=IOHD,6$V"E.4B7+X%V"^HN[A5(<H
M<!R</S/?X'N&-(:8L+@_LB!9-=QRU>#-1D-<?44;4F,Z<LAR5$B/Y]+../CT
MBH33S\BD+;XE0Y2.OG_3&=[A+* M:-OD73\]/O_T]W_=3^\]?/^^>M W@Z)$
MT!!Z)IA$,22GQHN10!H,"41$@OTA>NPX?X+?'BZ96]-QJF])/Q0K.C,68L!U
M=K:L:2X+3C-NY.RA3_2RK^F(FX-D;EI9>H_[YP_#AVSMO&)SZI__4[3DL[%.
MYH'IPUY8NV9A*::-:4M/C[8<B9HU3048'ATL4-RLS5D"$R7?;1K6T;PZ'+GB
M#&.]-)S8##((KW(BH2IY,?SRNADGKW=<_#U]=1BEG<2+K5B64SHL5AAH!<#%
MNEFS/C S,BP]!\-E^W&&D;$2S;HBRZ+^J=G"B"X;.H<JB2;3N4D_" B 'E!8
M!>G3*:CG)DUV:JM.Q^*-WMD5F]7\F5@*IK ZL&7ZFF>(&VLRU/.9=(O.I%_9
MMN3CD"EBVIKV25EP2B"Z8;11UJ0YZ5TYDW!=6B3 >%B]:B8DF$FI)=DV2+1P
M H,\0(B@:HSA(,0O@P &2S.8E,?%/WK?B35(5MP%RS7R)#W++6]<6O1B86OV
M',6G9/?WI84NR1K\US1X6'J%_+36)IIR0CO ^B6M;DEVJ\*"UZ3@:&C]ZK^J
M'I_I-\X?Y+=^D%UT<SF8F1[0FS($<=2/2\4@R\!O6/*-2;S0J2$;@[W"TS.Q
M0 R*N"RB3>3P=V2WP^T,!_G*E1(&*Q/K1*'L^I62SY*_R+_V1<)!<.5 F3.X
MAO6^+;GZ(?D TWZ+LTEMH4_N'=\_P3V?W">?';:=07*^00P&84NR2!<9DW6;
M;!X.Y&P8H;=VETUG-!I$&\*4E\ <*B2#CC+V'30XI>&ZK<!D$6TB,<6O)+AL
M9G8GR#/"?*E3CS_[CIR224%+MI33T50]39;<_/!$OZ5K5@"2L$K'-0ODHX8_
MX%?JF0CR,"T?SOKC7],?6$1>L">RDGG%?FW% -)MN!AJ9ZM*/!-^HFI9#A!+
M$!OU;A6,08YPXR_DIVZK,$16KK=(N2K@%3DPJ+H&]0_ 9X?H#1_59M=F#16#
MG!GSUO@&CL/&<E!(\VS8>JTE+\-C$R%B/F\JUT#GAKT8@^NF+ ,5@<1.?@+:
MSH+! "%5Q:J+?ZK9R<9QG05;9$@DK-:5\\N5EN?S\FKR@<^&ALM$.!TY+\JF
M%[P3%UI(OL,O(0P:._SD_/B\F-*KP[H+L]4+!?4;?-0YAL1Q1.^_:CB>P^[U
M@SO,=E"<GMV1H04<N).2F?:N*MF3QDQ,^9/A>@\]P ;J! >G^?5H>3DK O,G
M^L8A&,<&*Q*:,% E-V.T0&"0<E[J8E99$O990]\?[V&LIQ<CW1A.IV6SLLVF
MYH0R[Y'ABP$-7].^MAQJH.M7Y@+1.4_GLY1G%K0OG,(Z.4H6DKC=@!U+@)=\
MW5=/?PQC8.Y9T]P>3?.*]D<=<0D3B=6^60][ED:8!&$3@RELXB&"!/!OL6 Q
M?D?\:MA2K(5H1[/DVW)A 90,2HZWN.92.<L@ $HD$6BQ 40"FW0OUJ $S5 [
MU_8>F42D 2O',>I.:ID7F@].Y ;/1Q0%QNH%2:\\53(6KB6KMB6AY>HT#BJ3
MDRJ$*YPMM:84O5/W2*[VK:0E0R@!+[NK20]:8C(78$9U'@:P+*,Z,ZHSHSK?
MTP8\_]A0G2\Y8#P19Z3E]&ZGEOC;H5T;&^&2Y=A6"K=%EXJ#27/@/VV;0#TE
M)A:X4I9NG>!48OD3[/1@/AT7WS+ B]9V5!\E+%@O:W(\*G#<T2MTQ?/H"8 :
MIT'1[6/C9Z;<2>4Y.'(SY]F(XGDBL<V?1J;#NO@ZFT:3Z=:0&RI^&8U5-8(R
M/6Q+)_L&OZ> _;7=VG9I;._5\2P653,U%5O$E@._P_ZEC<)>]"B> -<:[B7]
M0K:4I2.C"OX"PK%I?.#M.S#0$=%$+A%U8$(,NI=,^MJ924'O^0O->D+K?&E*
M(UX+UOP[^\;-F@ " ;FC;Q1;JE*\*YPRE:>UQMVP%L5K(*N#H(TB,M=+$5=)
M,H,%O_U;WXL6\/N&U46=O(Y,/OP^O-%"0"J]W_66@L)Q]:SE&GZ\D411X.S8
M;;&P *2NEW!O-'OSVK)EP2HG!%O^^?*X^%H&$XQ=U&"Z3"-E5=MNT[2<RWML
M:IJBO/\C,G)I_K3OBN] \2$^9."[I!E?W20<+QFMZK2-U9T[.+[K?"T)\$S;
MAC<EYYWP2CPK9VK== RDB/Z@9@(2'W44GQ&O&%<7" 39I.!5$\>U)<D19]1$
MH:%EM]6\8/FD%;S;"KP^5. B1!9K;#NF5_@['O&573==UJ.W28\RW-FUM*U9
MMTAD+B#$1XCP(6;G^RF88[D>1#C6)$-%6R=BRP=@>((T#S1"T>"(R$Q J1>U
M2\M!.%77D34SD-L-%2:O0G!12C=F9LV-(7YA[K=9W[8(&N(YI1<BD1& ;KIE
M3%P%TW8LH#P_A6M[:U85)*D#(%3FQG)$-CL&"Y$:AA'*^ S7B\!XNUHO#;Z3
M,$!4#%6'/4=J00A!YZ0/HM(5O>3(%KI4MCKF_S'^U\ UL?YE8PUK6#Q"N'T#
M)%[!DOQ^_ WI.GJ1TAJIP@>[D9-"&M,R_<H&E$99UF^1K(O,)&)EUFM\_^%4
M&LZDB.FCTZZAO5#S-J<#1"J^--SOY.CQ0YXUI!2B1''RP2_I+&/%8@4](YP%
M'0V\'8T[*;RC=S/,DB*J1<\D0T(P/?K_+=EGK9V34RK$X@6S9KUNJKG.W2G%
M\X7K9J1A. FR81!L4S=(/#"(D.M)=$*U6=&O']'+NIFYZ\D:H M>:<SVF0KV
M5WJL1^9+-Y=DA ]LHDCID-DV0TD(!VVQJF*8;9 C]7U[:;<"(# MV6+W)O31
M1P3>D^);-[<OZ;6VQ0OZ5J8E\0>7="F"RRL,AB]ZG@C\U'(5VJ6S&_D(GA[H
M$?N%LO*SAL&^*X#@O7L3U50P4OAK04'.JKX<:,IDJHKF-&+',9/XZ#XN_#=*
M;X.L%L=R"JW<XX7"(BKMDQP?N%3 A;AV(!+ES!C0V4P^JC<A"M_DG,ZMTD$[
MJ<5.&?JN+9,+51Q:-A6*WC;,3HB 'M?;P2R^&.(4._:(;*X-^5T7=(8;6 JK
M=:\EJB1*VUD%;06E0(\GK373K++6H-(# . #(K"O9 \O&@@#\JA<9Q#*:1EY
M&8SF#8R;0*HX/"?0!(+&+'D671+F)UQF*)KMNT#@0A,89A/@H#UH!;6J]7\<
MOGCPQ]@-0W$='"^N$;!D>;A:"S(4,\?AI)X4#!PQ*:D]0DDLH(UP*.$M7ITW
MK1L3\B)Y;DDO38:%#1.+5(1#\C8IRP6R1!2+4U0?Y^:$H8216D/RBJLZ#'K+
M=ZPW.27,_"2?G,5<.ZT=U]-E+7&+M,0KKL;Z"<6GV^ .J(D/!UT\C,1?P=]W
M)#SNQ[A719*T,&]PX=D:/CLY>T#'-:,$F7=S<'#F.*UFQB^+>=5L4A!O++$7
MN* 6@_.YSUL5M33LDY1"L\1VU<Y;*#S0I]';A+M:]-@*,=*I%K#25(6SDTFL
M\JZ_1;L>>XFV:$C]:/'QX'\KRD=*E>^37>=*I6I2?S&84R_LVCC!T;RP:/\2
MJLN"#3ZJG)Y7YJJ5QAA:WK9Z6(YHG *R:4SN (EA)C>;EJUK$:8GD_^(;+^F
M7RP3AWX<-5O'T*5; 7;$0(\QGP6M5;L]$H$:+L<E#-*R1Z5;N"Y9JQ3H&S(A
MAW]D9.A#ACX<1O8U0Q\R]"%#'][3!KSWL4$?OF\VOT*>C//\'8WCOWXVV>WF
MPV0QHS8V")B)Y3VDQ/@]$5%H=JT=H8N500_::/AX+.X;XVI.-LZ'L Y[9VIF
MMFJQIYFF#01*[*>&5B"Q9P@)J:DNBFC2@WAIMU,4BS(WT A]\6+>K?#(*$?J
ME3IERPK$4];OLFMI[3-[)P/!DL0)U>27DH^&WC!@#Z+#E!G9;N/N?5;'-">]
M2;IYTMT2$AEO+=_D5!%7J;R9.0TL<?9JA,")GFHL3XI5GQS5U.SM9:Q\22ND
M)-$BE33,M9%<OMRACTG2N[+197(T1-/2PR6:JXBW:R<F[X,R@X0!YYU55I)?
MV@&M3&AFU5H1/0NR/[MJJTOR%DC2"('3A!1B:,"%\ ,JPG"2,_)(*Y-&V*-0
M19'E]!;)Z=,ZY:Q8FFJ.31=YFJ012SFJTT$4M.9\:*S-!IN,Q6;FP33A0EOR
MLL$^9'U/;E!#IU 7X'J<=71,OH00K([MNV: :I5V]$\@75Q-M_PR(A6=5STZ
M0 W5WAI>&N<LUI7A2L/G;V$CU1"RU.TDC*0:\I**Q"01-FOZ=17>)8#GRF%M
M8CC;JH!5SDH5[M0&KC-V922>-XD!1F5O3[&*&M@3G<;Q:\908OF023*7C2NY
M3[2C%P(J(*SF:&D&5EKZS@XM&%$]76E*.:[L\/$"5SR;':S29"<G7S6K@END
M"O2DY=-)VI@EE;<QY\>GC-<LW[>NZ^C8>$%2.F0=)]IZAQO2A2PM[VG$5HHU
M8":C_",-],.9JAWRZ1YY[<4#H>.0^X1&X@8=CK,_/$Z_YAW-5%A"Y;9$<[S>
M_XOI3^B# 1K,O1.LRE[$PG(.N;)OG-JLC!]+M89:.'2%8&+&.F=(]\:^)J$X
MGW-1I4!+R[1)%73/3+[68!GQ7&F55MO$FA^ZT@U&Q<".$3"W"\YL,5AN>,:@
MR%((L!);7-,U95 =D@I7 *L?F)>#FQ":DXW6,ZV51G;"Z$/>GA&YZARD7?+"
M1/&& YGMR+W(BND6*::G=\=MW#54])MZ#\5^[8!NB8+J:P:2QA9P!7>4*R=,
M7B"I-P=*A"!I['UP9^:6$:V2FCY"".R(GS<UGGLDCY-V.U,4-7=^=:IOT7S7
M#-&&3O3L.[RM2PP)N6<XG1AS)M+M1,,DE4OUYT.H;4R4/7AO6:YNDUQ=WW2@
MMIJ+%8SF)Z<//B/SD)$]V$:E#94B\^+TWIW1?O_D]/,'X5HNB?B!=MY5OR$,
MP<;V.._]R;W[80#=J,P#PJ>WY)+IU^)Y+\D$IFU)ZRL]7NE(1?MQ6PI)!WD/
M:Z<T45,+6L0C2,A1E!!Y1Y0A!=H"Z>0E'L?NK#ET8;;^J*F/E@+)IHL!H65$
M6)1I9C(S2*NC *]JT//VR:6M!Z\G!;)<71OVHZ2*)/D(9@F#/YH;";R PVQU
MXK4,V?V=MA":UP^$;.NT]&]H)E%!\(72<'P[Y_B+<8X_JX-;I Z^27T\1.;.
MSXX_O3.137Y^[T3/-^'LD5U__N#X]([2]T2]@&M:DN>6)B%^;NS(2N(P[A(R
M$:PU;[MF/D>O#N7-2&W,G2XA;_')\V:\19OQ)=GZK),E,%,I)J]$G((-$R=!
M8'$ Y: Z_SP>'4@0GA_?NR/0_G">C8ZJ>^>CJT]IKX^N%E=GQ\2C3<XH8XC'
ML,D3U"/O\ .@C,O0H@PMRM"B#"W*T*(/"EIT_V.#%KD:)?(XS+FZK/9J%M)S
M*WNETED ^&E-\V0H:)ZH_Y6FDD/9;K8-;]&>^9XCQ#- 56"'?7)ZDEIRGYP<
MGWR.QMY%Z2J&J#"=Q6[HXOYG=\2'^>3L;.?VLY.KMW.,7:D%;1D;*<[I]L'J
M/-TQ(2=)@.#\9"=4<N]T;'_NV*I<$LOUJWGKWIZM^ZJ7U X3Q7:=A'D#H5)H
MCZ<!Z^_C7H@%SN/0-M?FT6[ZY/1XJ+TSQ?T[0P9K')P[/HV7#<Y+&2O'::>[
M>1<<[B=<$/UEOXU$$;R/O[(S[E>/>_YA:K:2%#$0*0_>&7_*P:/;N+%W=?+9
MV8.15CV[5BF/]^?9R?W1/:?'GUVKR&/^ Y)T2GI5VS8&K<P3.'\PG J<&^W7
M?*WH_/-D>EHLS$D.+47$MM7!-!X6\6;3;7%Z?R<61I,_/ST^U\'//C_^[,[D
MJH1)%&NGP>T[&N7ID]-H%Z/90A%6VFQ7.V5FD;I%(L4J=6B[/)2[BM%S[U[<
MP2,I.O_L\R$%\THR&G(8C(-6)HG+7@4P,9DQ(WWIU=;<B>Y*DI![4;T5%#:)
M3,R[G<2NH^&:*$18GC5BIH_X0V:HSUO\%FWQQTT-4B1FG4F01HQ9,55@B1QP
MAH%U330E_31'D0E#@W;0(*1CJZ:YF Q%X(#$8#>2NS"<#*J6^6!9-E6I+8H4
MRBX@>DEA1%X&I#V/A].#;XU9"GHL<GL,)R:I7/'DF]E%BON%"PNK[>S\+#V#
MPGMS4+MTTA-2YS*Y/MC,>1(PXG'O 4'M7PO)"E"DC(NY3=+S3#8<]CEKS.33
M*QN+H.N]65D&ET#EKQ"&4T).(?=X_.CYD_\=? S=*4CCQ53Y=17JG]R_?S+@
M FCW15R)]+:HZ$0IM\E^OW?RV7 P/1.D&><*&S3U*!0ZHQ0FJ2882804 PSS
M&A@>!E"KULBSF\\=/!ZP<ZV UA'3A)Z!3&:50FBC!Z6:A4ZY_BKQ!%/)!(9&
M\%5D^;I%\O7B'51$"3T0=B[@:6"]463JFD\*/M(L;>EF:]&&V<%$$T@CPSM;
MYDNZ(ID*?@Q$LTPS#>K% *!'_PI!EX3'P:N07F0LT+MRFIYVGWPV>$7JK2?(
M?-GES(Y2PLG"K_7&J_*?A-TBMJ5A=*RI4G@OSS*RF.[VQQQPOT*%%UF5KA%U
M]$2FQ: ]0]YFZOZT3&^AR &FSAQ8GQPWD4L72KEJ&(5O.G'BLN#>(L$5GF:2
MS(BCE'!JA+A)D$KVA%IN49K3AN,LVU[L+1R00A)(V_53DEK=/I#$75F]5D+?
M(D6#$3@Z30;^LJ0HYU/9SO^"Q')D^N2:H;7V!#8!3YTMTV'J8PF4&9/<Q5M_
M1?8L<U?+"F6)NCT2]3V=;YW&KM5G8M\\E.0?HZ' U1CUZ! ;<ANRK7231WI3
MA+&' +4$K,^2!FYIU.\*]CHT6PL6WZ=WWG*N2ET;1[J5KW.H0KL^[#T$NH/E
MN+*F5M[>N!+A:L=.&Z^"WX1HA^@-FH>;)6=;:.I^T)*2.8\R,.DPL!$9F)2!
M21F8])XVX(./#9CTJ/Q)V,;'><"=J!A8T^FG\],[7"V9QK)A:]SUW$2!W%')
M*]+ERC4Q\A*B[S'R4Y'H]%W;1]I==EZ3\._UU9V347XE:9,@]Z.]P8X',@X0
M)%Z#6FAFL6CM@JX^:$,EF_2_$6'_S9_,:OWPT;B,^ITAW],'NQ#Y9\SN3:>
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MC.&R[YGK]:XO8,^M+;--NJZK:'+ZUC)[M(Q?T:HNI<)"*$]TUFP%SBMTOTY
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MVA=/8]1Z]+(P1/#"H7E&((>#*B'S1( 0664<A*!D^^(& MC/:AN;T,2#WES
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M#(>KV=Z?:,UKF=3F1L8'L5I]9Q;2KS%4X2E)9%$9]INMMDL.6(ABW0^N)?G
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MCNO[RY^G3;G]Z__YRY^7W:KZZ_\#4$L! A0#%     @ Q$MS6M,C>1AV$P
M+KT  !$              ( !     '1R97@M,C R-3 R,C0N:'1M4$L! A0#
M%     @ Q$MS6@[Q"/>'"   UF   !$              ( !I1,  '1R97@M
M,C R-3 R,C0N>'-D4$L! A0#%     @ Q$MS6I11SL[T3@  ;ZT"  \
M         ( !6QP  '1R97@M97@Y.5\R+FAT;5!+!08      P # +L   !\
%:P     !

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>14
<FILENAME>trex-20250224_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2024"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="trex-20250224.xsd" xlink:type="simple"/>
    <context id="C_f0629f08-60f7-4416-9e4d-883a484d5912">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001069878</identifier>
        </entity>
        <period>
            <startDate>2025-02-24</startDate>
            <endDate>2025-02-24</endDate>
        </period>
    </context>
    <dei:AmendmentFlag
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_7cf1cb11-a5ed-4b3c-8f71-f1eb98ad9e09">true</dei:AmendmentFlag>
    <dei:EntityCentralIndexKey
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_6b63d398-b248-4c42-90da-f67bc719c6a0">0001069878</dei:EntityCentralIndexKey>
    <dei:DocumentType
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_7866522c-6d29-44a4-a626-c31ce49c22d5">8-K/A</dei:DocumentType>
    <dei:DocumentPeriodEndDate
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_ca3c7dae-2246-48e7-826e-d901cebb4b8b">2025-02-24</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_41bc53be-0f52-4c51-bcdb-e72942625f7c">Trex Company Inc</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_d00c6bc1-677a-42e5-8c29-27ca7a334bee">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_43580fb7-1bd8-4dc4-9b7a-76d27404e47a">001-14649</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_6095baae-bfa5-493b-b4a4-a259c504f7ba">54-1910453</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_f527ffcf-a56f-4d00-afb0-e44fd26aa19d">2500 Trex Way</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_6f8d83eb-f35b-4b3f-90f2-b9aaec895cc7">Winchester</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_d20a63b1-455d-4df2-a171-d35219c5579a">VA</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_9d74d4b8-e73e-4001-8cf4-b587d7fa6444">22601</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_54fdd898-330b-4428-a57a-ac533cd20caa">540</dei:CityAreaCode>
    <dei:LocalPhoneNumber
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_9b8da216-5c16-4568-94bf-8f85a3c2b8c7">542-6300 </dei:LocalPhoneNumber>
    <dei:WrittenCommunications
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_d9266aa1-2150-4d17-b2fa-b070e559e388">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_13bd407c-faee-4346-af93-769c1dad6a9c">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_1f9c1af1-0e35-472e-99b3-94b1d1fa7c1e">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_a7618386-a333-4d6f-b017-00b4123e6016">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_b27576f6-3529-4236-927e-49120554a89e">Common Stock </dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_bbd235d9-d571-4e66-a58b-dfd6096345d3">TREX</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_1e7af3d4-b5c1-49ba-90e8-5dd5c53a4a17">NYSE</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_163f2d74-d2af-462b-92bc-9c91512c9fe8">false</dei:EntityEmergingGrowthCompany>
    <dei:AmendmentDescription
      contextRef="C_f0629f08-60f7-4416-9e4d-883a484d5912"
      id="F_0ae233bd-b956-4ea6-8687-e2a65780442c">	This Amendment No. 1 to Trex Company Inc.'s Current Report on Form 8-K is furnished to include a transcript of the earnings conference call held on February 24, 2025.</dei:AmendmentDescription>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
